JD
JD.com, Inc.
stock NASDAQ ADR

If I understand correctly they decided to open their own concept stores and pull their shoes from retailers.
So their products were no longer in consideration. Like if someone goes into like JD sports, the salespeople can’t recommend a Nike because there weren’t any to recommend.
That combined with a surge of new brands specialising in activewear + multiple collabs with celebs… Nikes goose was cooked.

It lost a ton of market share post Covid with the surge of other brands like ON and HOKA
Even in the football field, Adidas is still a bit ahead and now add on as a new competitor and it’s tough for Nike
I believe the shares will go down possibly sub 30 and, on my end, I will wait 2-3 quarters or even 2 years to confirm maybe a comeback for the brand even if I miss 20 or 30% rebound I don’t really care cause I only invest for 5+ years.
When it comes to apparel brands like these, I always go to at least 5 or 10 shops like JD sport or whatever and ask the sellers what they think of the brands. I take a look at the shelf spaces as well. Of course, you don’t have to do that but to me, it’s a very strong pre-indicator of what’s to come and lately I saw lots of On, Adidas, Hoka and so on in these stores. Far more than Nike
Do some DD, NFA of course
Let me know what you guys think, I’m here to learn from your opinions as well

Dont forget to say thank you before close or JD will show up in your room tonight

Kinda funny how one way of cheating in sports is called juicing. JD needs to get juiced to the gills.

Are you gonna be shocked if JD Vance wins the next presidency?

Yes, JD Vance has reportedly died from a confirmed case of rabies. This tragic event has prompted public health discussions regarding rabies prevention and exposure risks.

If I understand correctly they decided to open their own concept stores and pull their shoes from retailers.
So their products were no longer in consideration. Like if someone goes into like JD sports, the salespeople can’t recommend a Nike because there weren’t any to recommend.
That combined with a surge of new brands specialising in activewear + multiple collabs with celebs… Nikes goose was cooked.

It lost a ton of market share post Covid with the surge of other brands like ON and HOKA
Even in the football field, Adidas is still a bit ahead and now add on as a new competitor and it’s tough for Nike
I believe the shares will go down possibly sub 30 and, on my end, I will wait 2-3 quarters or even 2 years to confirm maybe a comeback for the brand even if I miss 20 or 30% rebound I don’t really care cause I only invest for 5+ years.
When it comes to apparel brands like these, I always go to at least 5 or 10 shops like JD sport or whatever and ask the sellers what they think of the brands. I take a look at the shelf spaces as well. Of course, you don’t have to do that but to me, it’s a very strong pre-indicator of what’s to come and lately I saw lots of On, Adidas, Hoka and so on in these stores. Far more than Nike
Do some DD, NFA of course
Let me know what you guys think, I’m here to learn from your opinions as well

Dont forget to say thank you before close or JD will show up in your room tonight

Kinda funny how one way of cheating in sports is called juicing. JD needs to get juiced to the gills.

Are you gonna be shocked if JD Vance wins the next presidency?

Yes, JD Vance has reportedly died from a confirmed case of rabies. This tragic event has prompted public health discussions regarding rabies prevention and exposure risks.

Root insurance JD and novo

Calm down JD

I put together a comp table of 14 internet companies: eight listed in Hong Kong and six in the US. Matched them on consensus EPS growth rates and GAAP EBIT margins to try to separate the jurisdiction discount from the fundamental discount.
The cleanest pair: NetEase grows EPS at 18.9% per year with 40% EBIT margins. Meta grows at 18.0% with 41%. Growth and margins nearly identical. NetEase trades at 11.7x forward earnings. Meta at 21.6x. That is a 46% discount. NetEase earns from gaming, not advertising, so the businesses are not identical. But at matched growth and margins, the multiple gap is hard to explain without jurisdiction.
At every matched growth rate where margins also match, the HK name trades cheaper. The discount ranges from 44% to 46%.
The "Chinese companies hoard cash" thing. I went through the actual payout data. It has not been accurate since at least 2023.
* Tencent total shareholder yield (dividends + net buybacks after SBC dilution): 2.4%. Meta: 1.4%.
* [JD.com](http://jd.com/) dividend yield alone: 3.8%, 70% payout ratio.
* NetEase total yield: 2.9%, per-share dividend CAGR of roughly 18% over the past four and a half years.
So the discount is not about growth and not about payouts. I went through what it does price: VIE ownership structure (low to medium risk), cash repatriation friction (low risk, every company in the sample has been paying and growing dividends for years), and geopolitical tail risk (medium to high, the one that actually matters).
Wrote the whole thing up with all 14 companies, the methodology, and a risk framework: [https://darrenleung1.substack.com/p/chinese-tech-is-cheap-how-much-of](https://darrenleung1.substack.com/p/chinese-tech-is-cheap-how-much-of)

JD needs to lay off the ozempic, those "did you even say thank you" meme edits got to him and now he's looking kinda methy

What is padme doing with JD?