$JD-SW(09618.HK)
JD.com Update -In the Red and I remain Convicted! 🧭
Bought 100 shares of JD-SW (09618) at HK$110.50 on Aug 28. It is currently at HK$107.50, down roughly -2.8%.
The current P/E at ~16.9x, dividend yield ~3.7%. It is looking increasingly reasonable for a top Chinese e-commerce giant.
Short-term price wobbles do not change the long-term story. I am watching closely for it to go lower. If the fundamentals stay strong, this could be a great entry point to add more! 💪
Who is holding JD too? What is your thoughts? Let’s discuss😁
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