JD.com Inc. logo

JD.com Inc.

9618 · HKEX · Consumer Cyclical · HK$302B

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: Bearish lean
HK$112.20+HK$1.70 (+1.54%)Delayed

As of Aug 31, 2026

Summary

JD.com is China's second-largest e-commerce platform, operating online retail and logistics services across the country. The stock is trading with a bearish technical bias at HK$110.50, having fallen 14.1% over the past month and 7.1% in the year to date. The company carries a market capitalisation of HK$302 billion.

Price history

Daily candles · adjusted close

As of Aug 28, 2026

Performance

1D

+1.54%

1W

-4.08%

1M

-14.14%

3M

-2.64%

YTD

+2.60%

1Y

-7.13%

As of Aug 28, 2026

Technical indicators

RSI (14)
38Neutral
MACD (12,26,9)
-1.18Bearish
Moving averages
50: 114.79 · 200: 112.32Neutral
Support / Resistance
HK$109.20 / HK$112.23

Technical Bias

Bearish lean

0 Bullish · 1 Bearish · 2 Neutral

JD.com is trading at HK$110.50 between support at HK$109.20 and resistance at HK$112.23. The technical indicators collectively suggest a bearish lean: MACD shows a bearish signal at -1.18, while RSI and moving averages remain neutral. This is a derived technical read, not a recommendation.

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

As of Aug 28, 2026

Fundamentals

Market cap
HK$302B
P/E ratio
18.82
EPS
HK$8.97
Profit margin
1.13%
Revenue growth (YoY)
-2.9%
Free cash flow
HK$4.81B
Beta
0.36
52-week range
HK$92.54 – HK$138.77
Dividend yield
3.54%
Ex-dividend date
Apr 8, 2026
Next earnings
Nov 12, 2026 (72 days)

As of Aug 31, 2026

Upcoming catalysts

  • Earnings reportNov 12, 2026 · EPS estimate 3.69

As of Aug 31, 2026

Latest news

As of Aug 31, 2026

MonkeyTrade's Take on JD.com Inc.

Our read on the signals above — informational, not a recommendation.

Short-term outlook

The setup leans bearish for now: MACD confirms downward momentum and the stock is trading below both its 50-day and 200-day averages after a 14.1% monthly drop, even with RSI at 38 not yet oversold. A break below HK$109.20 support would confirm the slide continues, while reclaiming HK$112.23 resistance would be the first sign buyers are stepping back in. No earnings catalyst is due until November 2026, so the near-term path likely hinges on these technical levels.

Medium-term outlook

JD.com's numbers paint a mixed medium-term picture: a thin 1.1% margin and shrinking revenue (-2.9% YoY) sit against a modest 18.82 P/E and a decent 3.5% dividend yield, while the technical lean points bearish. On balance, the sales contraction is the bigger concern, and the bearish chart backs that up, so caution looks warranted over the next few quarters. A return to positive revenue growth would be the clearest signal to revisit that view.

Key risks

  • JD.com's profit margin sits at just 1.1%, leaving little room for error if costs rise or competition intensifies.
  • Revenue growth has turned negative at -2.9% year on year, and the company recently posted its first quarterly revenue decline since listing, raising questions about the durability of its growth story.
  • The stock is well off its 52-week high of HK$138.77, trading near HK$110.50, which reflects continued caution among investors despite the recent earnings beat on margins.
  • As a Consumer Cyclical business, JD.com remains sensitive to shifts in Chinese consumer spending, which can weigh on both revenue and sentiment regardless of internal margin improvements.

About JD.com Inc.

JD.com is one of China's largest e-commerce and retail groups, listed in Hong Kong under ticker 9618. Operating in the consumer cyclical sector within internet retail, the company runs a large-scale online shopping platform backed by its own logistics network, competing for a leading position in China's online retail market alongside other major domestic players.

At a market capitalisation of HK$302 billion, JD.com ranks among the more substantial names in the sector. Its price-to-earnings ratio of 18.82 gives investors a sense of how the shares are valued relative to current earnings, while a dividend yield of +3.5% shows the company returns a portion of profit to shareholders. Together, these figures offer a snapshot of how the market currently prices JD.com's earnings and income potential.

How to trade JD.com Inc.

Shares like this are usually traded as CFDs. Compare regulated brokers that offer share CFDs — weigh spreads, fees and platforms before you open an account.

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. How we build these pages.