$JD.com(JD)$
Is this bad for JD? Partially but that's represented in the stock price if you see the performance in the last 5 years. The delayed or lack of consumption does hurt them, but they're not in any huge risk as they have a net cash position of nearly $ 16 billion.
The government said it'll do what it takes, but it will not take out a gigantic bazooka of money, they'll see month to month what is necessary. It might take a while but their rhetoric has changed as they're committed to reboot their economic growth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.