JD.com's HK shares climb to six-month peak after quarterly results beat estimate

JD.com

13/05/2026 03:02

** Hong Kong-listed shares of JD.com Inc 9618.HK jump 7.1% to HK$126.8, their highest level since November 6

** Stock posts its biggest intraday pct gain since March 6, and is top pct gainer in the Hang Seng Index .HSI and the Hang Seng TECH Index .HSTECH, which are down 0.1% and 0.5%, respectively

** JD.com's U.S.-listed stock JD.O ended 3.1% higher on Tuesday

** Company beat its first-quarter revenue and profit expectations on Tuesday, and investors will be watching to see if Beijing's subsidy programme will help it sustain this momentum as tariff and consumer-demand pressures mount

** Citi says JD started 2026 with stronger-than-expected 1Q26 print, and it maintains "buy" rating on the stock on attractive valuation, earnings growth recovery, solid execution, and generous shareholder return

** YTD, Hong Kong stock up 13.2%, U.S.-listed shares up 9.7%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))