Top mover alert: JD call warrant jumps 67% after stock rallies 7% on profit beat

Macquarie Warrants Singapore
05-13

🔝Macquarie's trending $JD-SW(09618)$ call warrant HSAW (https://warrants.com.sg/tools/livematrix/HSAW) is this morning's top warrant gainer as of 945AM with a 67% increase to SGD 0.040 after JD shares rally as much as 6.9% to HKD 126.4

📢Overnight, JD announced better than expected profits, where its first quarter income of 5.1 billion yuan and revenue of 315.7 billion yuan are both higher than forecasted

The better than expected results have come on the back of Chinese authorities clamping down on fierce competition in the Chinese delivery sector

Overnight, JD announced better than expected profits, where its first quarter income of 5.1 billion yuan and revenue of 315.7 billion yuan are both higher than forecasted

🔨The better than expected results have come on the back of Chinese authorities clamping down on fierce competition in the Chinese delivery sector

Its food delivery competitors Alibaba will be announcing their first quarter results tonight, while Meituan has an estimated announcement date this Friday

👀See how Macquarie's trending warrants tracking Alibaba, JD and Meituan move alongside their respective shares:

✳Alibaba call $Alibaba MB eCW261005(NNTW.SI)$ : https://warrants.com.sg/tools/livematrix/NNTW

✴Alibaba put $Alibaba MB ePW261005(JCJW.SI)$ : https://warrants.com.sg/tools/livematrix/JCJW

JD call $JD MB eCW260703(HSAW.SI)$ : https://warrants.com.sg/tools/livematrix/HSAW

Meituan call $Meituan MB eCW260804(YWQW.SI)$ : https://warrants.com.sg/tools/livematrix/YWQW

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