China Market Update: Mainland China & Hong Kong Resilient Despite Liberation Day [Forbes]
JD.com, Inc. - American Depositary Shares (JD)
Last jd.com, inc. - american depositary shares earnings: 3/2 05:03 am
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Source: Forbes
Vietnam and Japan were hit hard, while Taiwan and Indonesia picked the right day to be closed. Hong Kong, Mainland China, and South Korea were all off, but quite resilient as all markets were down less than -2%. I think it is important to note that both Mainland China and Hong Kong will be closed tomorrow. In the twelve years of studying this market and seven or eight years writing China Last Night, today's market action doesn't make the top ten drawdowns by a long shot. Why? Mainland China and Hong Kong are much smaller percentages of global indices, as China makes up only 3.24% of the MSCI All Country World Index as of March 31st, versus a 5.2% peak weight. While global investors remain underweight in Mainland China, increasingly, domestic Chinese and Asian regional investors account for a bigger percentage of ownership than in the past. Global investors continue to significantly overweight US stocks, as 31.7% of US stock ownership is held by foreign investors, according to th
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JD
Earnings
- 11/13/25 - Beat
JD
Sec Filings
- 12/18/25 - Form 144
- 12/11/25 - Form 6-K
- 11/13/25 - Form 6-K
- JD's page on the SEC website