In today’s briefing:
- JD Logistics (2618 HK): Shrinking Operating Loss in 2H21 and Exclusive Revenue Support
JD Logistics (2618 HK): Shrinking Operating Loss in 2H21 and Exclusive Revenue Support
- JD.com (JD)’s revenue growth is a strong support for JD Logistics’ revenue.
- JDL successfully acquired corporate clients and expanded warehouse network in 2021.
- We believe the stock has an upside of 40% and a target price of HK$27.
Before it’s here, it’s on Smartkarma
