$JD.com(JD)$ The mood of Chinese citizens is improving now. Interesting to see that 87% (top 4 countries, all in Asia) think 2024 will be better than 2024. See slide 13 of Ipsos Survey in link. So indeed, things have started to improve from the bottom. Good. JD should benefit. All consumer cyclicals should benefit. All the more that this is part of the strategy to develop more consumption-led growth. Good for $Baozun(BZUN)$ as well as brands always shine better with optimism.
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- VivianChua·03-09Nice 💚 💚 💚LikeReport