JD: China’s Economy May Have Bottomed As The Property Market Is Starting To Show Signs Of Stabilization; JD To Benefit From the Resumption In Growth Of China’s Economy
JD will report 1Q24 results on May 16th before the US markets open with an 8am ET conference call. Due to multiple stimulating measures from the government, particularly the relaxation of the limitation for top-tier city housing purchases, we expect China’s economy to resume better growth soon. As such, JD is likely to benefit from that.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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