Why is JD.com stock rising on Thursday? – JD.com (NASDAQ:JD)

The Chinese e-commerce giant JD.com (NASDAQ: JD) shares rose after it reported fiscal third-quarter results on Thursday. The company reported quarterly revenue growth of 14.9% year-over-year (Y/Y) to $42.01 billion, surpassing analysts’ consensus estimate of $41.33 billion. JD posted adjusted net income per ADS of 52 cents, beating analysts’ consensus estimate of 34 cents. Also […]

Trump makes Chinese shares great again – until someone calls the rates – Alibaba GR HLDGS (NYSE: Baba)

President Donald TrumpThe recent optimistic comments about negotiations with China have given a boost to the American listed Chinese shares. Trump, who spoke on social media and in public performances this week, greeted recent American commercial interviews as “extremely good” and emphasized a hanging deal to enable Tiktok to continue to work in the US […]