JD Health stock is expected to December 8. Bloomberg first reported details of the IPO. The listing marks another major victory for the Hong Kong stock exchange, with major Chinese technology companies flocking to the city to raise capital.

When will JD Health go public?

Chinese detergent maker Blue Moon Group Holdings Ltd will sell up to $1.3 billion in shares before its shares begin trading. December 16. Appeared in the December 9, 2020 print edition of « Telemedicine company JD Health makes a strong debut in Hong Kong. » .

Is JD Health Stock a Buy?

JD.com.com is not a purchase. The stock has fallen sharply recently, trading near a one-year low and well below its 50-day moving average. However, its partnerships with some of the largest and most successful internet and retail companies bring the potential to help drive continued double-digit revenue growth.

How much will JD.com stock be in 5 years?

JD.com Inc – ADR quote on September 22, 2021 equals $73.470.According to our forecast, the long-term rise is expected, and the stock price of « JD.com » in 2026-09-18 is predicted to be $216.020. Investment for 5 years, the expected income is around +194.02%. Your current $100 investment could be as high as $294.02 by 2026.

Is JD Health a subsidiary of JD?

JD Health is an e-commerce platform for pharmaceutical products, including vitamins and supplements, medical supplies, contact lenses, adult products, traditional medicine, and more.it is JD.com’s digital healthcare subsidiary.

JD Health IPO raises $3.5 billion in Hong Kong

38 related questions found

Is JD Health Profitable?

As a result, JD Health’s revenue in the first half of 2020 increased 76% year-on-year to 8.8 billion yuan ($1.3 billion) and generated Net profit of RMB 370 million (US$ 58 million)…JD will still hold an 81% stake in JD Health after its public listing.

What is the IPO price of JD.com?

JD Health shares rose 70% from its IPO price on Tuesday HKD 70.58 (USD 9.11)already at the top of its listed range.

Will JD.com share price rise?

stock price forecast

42 analysts providing 12-month price forecasts for JD.com The target median is 95.42, the highest estimate is 125.46 and the lowest estimate is 19.18. The median estimate is a +25.15% increase from the last price of 76.24.

How high will DKNG stock go?

stock price forecast

The median target of 21 analysts offering 12-month price forecasts for DraftKings Inc is 74.00, with Highest estimate is 105.00, Lowest estimate is 42.50. The median estimate is a +39.75% increase from the last price of 52.95.

Is JD.com overrated?

Because Jingdong seriously overratedthe long-term return on its stock is likely to be much lower than its future business growth, which has averaged 24.8% growth over the past three years and is expected to grow 23.89% annually over the next three to five years.

Is JD.com undervalued?

JD.com not underrated I think that because of its cheap valuation is in line with expectations of lower profitability in fiscal 2021 due to heavy investment.

Is JD.com bigger than Alibaba?

Alibaba It is expected to control 50.8% of the market this year, while JD.com claims 15.9%, according to eMarketer. However, in terms of revenue, JD.com is actually the largest dropshipping retailer in China because its first-party marketplace has its own inventory.

How much does Jingdong own Jingdong Health?

The company’s largest shareholder is Jingdong, which owns 67%. This means they have majority control over the future of the company. By comparison, the second and third largest shareholders hold about 1.3% and 0.6%, respectively.

How many warehouses does Jingdong have?

Jingdong also uses the Internet About 1,200 warehouses The total area is about 23 million square meters, including the cloud warehouse warehouse space managed by the Jingdong Logistics Open Warehouse Platform.

Why is DKNG stock falling?

DraftKings noted more interest in its online casino games and mobile sports betting. DraftKings stock tumbled Friday morning despite the online bookmaker Depresses first-quarter sales expectations and raised its full-year outlook.

How does Jingdong make money?

Jingdong’s main source of income is Online retail business. The company also generates revenue from advertising and logistics services provided to third-party vendors in its marketplace. … JD.com’s 2015 net revenue was $28 billion, up 58% from the previous year.

Who owns the JD numbers?

As PYMNTS reported last month, JD Digits’ parent company, Chinese e-commerce leader JD.comsold its cloud and artificial intelligence business to JD Digits for $2.4 billion.

Which is better between Jingdong and Baba?

JD.com and Alibaba Is an excellent company. … revenue growth for both companies is close, but Alibaba still leads. JD.com’s revenue growth rate was 33.4% compared to Alibaba’s 40.7%. The gross margins of the two companies are quite different: JD.com has a gross margin of 7.9% and Alibaba has a gross margin of 41.3%.

Is JD.com a Chinese company?

About JD.com

Jingdong is China’s largest online retailer As well as its largest overall retailer, and the largest internet company in the country by revenue.

What is JD.com’s P/E ratio?

About the Price-to-Earnings Ratio (TTM)

JD.com’s trailing 12-month P/E ratio 41.41X Compared to the Internet – the commercial sector trades at 47.30 times earnings. The P/E or P/E ratio is price/earnings. It is the most commonly used metric for determining a company’s value relative to its earnings.

Is Pinduoduo undervalued?

Pinduoduo stock seriously underestimated Compared to peers as our model suggests an intrinsic value of $199. Pinduoduo has a huge total potential market and offers a differentiated business model. The company has recorded its first profitable quarter.