JD This is probably one of the best value based stocks you can find. The fundamental indicators are extremely undervalued and bullish. Recently there was some headwinds from tariffs but this is simply panic as JD is 99% based on domestic sales and isn’t directly impacted. China is also doing a lot to boost domestic consumption. There was also some selling due to their aggressive plan to invest billions into the food delivery business. Who knows how that will turn out… but either way it is an extremely profitable company (the Amazon of China). Don’t recommend for trading, this is more of a long term value play. Earnings in 5 days so expect volatility!
JD A few american congressmen are pushing for chinese stocks to be delisted from the NYSE. Unlikely to happen but if it does, your ADRs will be converted to HK shares 😎
BABAPDDJDAMZNSPY USA is only 15% of China's exports lmao. Domestic market somewhat matters more for these companies. Asian countries is 50% of China's exports. So will China lose this trade war ??, no but they still lose but not as bad as americans that can't produce locally/too expensive to produce domestically.