<p>HSBC analysts' research report states that JD.com is expected to have stable earnings in the near term. They anticipate that the profit margin of this Chinese company's retail business will improve, and the losses in the delivery business will narrow. HSBC indicated that this online retailer's collaboration with home appliance brands to offer exclusive high-end products helps maintain sales growth momentum and contributes to the continuous growth of the profit margin in the retail business. These analysts maintain their buy rating with a target price of $40.00</p>

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<p>HSBC analysts' research report states that JD.com is expected to have stable earnings in the near future. They anticipate that the profit margin of this Chinese company's retail business will improve, and the losses in the delivery business will narrow. HSBC noted that this online retailer's collaboration with home appliance brands to offer exclusive high-end products helps maintain sales growth momentum and contributes to the continuous growth of profit margins in the retail business. These analysts maintain their buy rating with a target price of $40.00</p>

汇丰：京东有望实现稳健盈利 维持买入评级不变

汇丰：京东有望实现稳健盈利维持买入评级不变