JD.com Inc. logo

JD.com Inc.

9618 · HKEX · Consumer Cyclical · HK$318B

Operates a supply chain-based technology and e-commerce platform in China and Europe, selling appliances, electronics, apparel, food, healthcare products, and providing marketplace and logistics services.

Technical Bias: Bullish lean
HK$116.30-HK$0.50 (-0.43%)Delayed

As of Jul 17, 2026

Executive summary

JD.com is a major Chinese e-commerce and logistics platform trading on the Hong Kong exchange. The stock shows a bullish technical bias despite a one-year loss of 5.6%, supported by a one-month gain of 4.2% that suggests recent momentum. At a market capitalisation of HK$318 billion, the company trades at HK$116.30 after a modest daily decline of 0.4%.

Price history

Daily candles · adjusted close

As of Jul 17, 2026

Performance

1D

-0.43%

1W

+5.54%

1M

+4.21%

3M

-3.65%

YTD

+7.99%

1Y

-5.62%

As of Jul 17, 2026

Technical indicators

RSI (14)
62.7Neutral
MACD (12,26,9)
1.94Bullish
Moving averages
50: 113.44 · 200: 113.34Bullish
Support / Resistance
HK$95.80 / HK$113.20

Technical Bias

Bullish lean

2 Bullish · 0 Bearish · 1 Neutral

JD.com's technical setup shows a bullish lean. The MACD is positive at 1.94 and both the 50-day and 200-day moving averages are aligned and close together near HK$113.34–113.44, suggesting upside momentum, though RSI at 62.7 sits in neutral territory. This is a derived technical read, not a recommendation.

A transparent read of the indicators below — not a prediction or recommendation.

As of Jul 17, 2026

Fundamentals

Market cap
HK$318B
P/E ratio
21.82
EPS
HK$8.03
Profit margin
1.05%
Revenue growth (YoY)
+4.9%
Free cash flow
HK$4.81B
Beta
0.39
52-week range
HK$92.54 – HK$138.77
Dividend yield
3.35%
Ex-dividend date
Apr 8, 2026
Next earnings
Aug 11, 2026 (24 days)

As of Jul 17, 2026

Upcoming catalysts

  • Earnings reportAug 11, 2026 · EPS estimate 3.55

As of Jul 17, 2026

Latest news

As of Jul 17, 2026

Short-term outlook

JD.com's near-term picture leans constructive, with MACD and both the 50- and 200-day averages pointing bullish while RSI at 62.7 stays neutral, leaving room before overbought territory. Having gained 4.2% over the past month, the stock is testing resistance at HK$113.20, with HK$95.80 the key support to watch if momentum fades before the Aug 11, 2026 earnings date.

Medium-term outlook

JD.com heads into the coming quarters carrying a bullish technical lean, backed by steady if unspectacular fundamentals: revenue growth of 4.9% year-on-year and a thin 1.1% profit margin point to a business generating modest returns. Trading on a P/E of 21.82 and offering a 3.4% dividend yield, the stock combines income with valuation that isn't demanding for a company still expanding, albeit slowly.

Key risks

  • Profit margin sits at just +1.1%, leaving little room to absorb cost pressures or pricing wars in a highly competitive e-commerce market.
  • Revenue growth of +4.9% year-on-year is relatively modest, raising questions about the pace of JD.com's expansion.
  • The stock's wide 52-week range, from HK$92.54 to HK$138.77, against a current price of HK$116.30, points to significant volatility that investors should be aware of.
  • Broader macro and sentiment-driven commentary, such as views on Hong Kong stock bargains or China's AI ambitions, shows JD.com's share price can be swayed by factors beyond its own operating results.

About JD.com Inc.

JD.com Inc. is a Chinese internet retail business, one of the country's largest e-commerce and logistics operators. Listed on the HKEX under ticker 9618, the company sits within the Consumer Cyclical sector, in the Internet Retail industry, and carries a market capitalisation of HK$318B. Its scale reflects a business built on direct retail sales combined with a large-scale logistics and delivery network, a model that sets it apart from many peers that rely more heavily on third-party marketplace listings.

JD.com's price-to-earnings ratio of 21.82 shows how the market currently values its earnings relative to its share price. The dividend yield of +3.4% points to a company returning cash to shareholders alongside its retail operations. Together, these figures give a snapshot of how JD.com is currently priced and how it shares profits with investors, without indicating where the shares may head next.

AI-assisted research for informational purposes only — not investment advice. Figures are sourced from third-party market data and may be delayed. Do your own research before trading. Your capital is at risk.