JD.com (NASDAQ:JD; HKG:9618) trades close to 52-week low after 618 data, Daiwa trims target

JD.com, Inc. added 0.79% to close at $25.39 in New York on Friday. That’s the last print for the week, as Saturday trading is outside U.S. and Hong Kong cash hours. The rise barely dented losses, with JD’s ADS still off 7.91% over the past five sessions. The Nasdaq Composite slipped 0.24% Friday.

E-Commerce · HKG:9618 · NASDAQ:JD · Stock Market
Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

Alibaba Group Holding shares dropped again Thursday after China’s market regulator used what’s usually a standard shopping season check-in to call out Taobao and Tmall over 6.18 discount claims. The warning came as Alibaba’s New York shares were already falling. Alibaba’s Hong Kong stock slid 5.4%. JD.com shares lost 2.9%, the Financial Times said.
11 June 2026
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