Alibaba Group (9988) is a Chinese e-commerce giant. It owns Taobao.com, Tmall, Alibaba.com, AliExpress and a number of other online platforms.
BCS analysts recommend “Buy” Alibaba shares with a target price of 95 HKD/+17%, and this is a fairly conservative estimate. The Wall Street consensus forecast determines the fair price at 60% higher than the current one.
JD.com (9618) is one of the largest Chinese companies in the field of online trade and logistics. The largest logistics infrastructure in the Chinese e-commerce market: 7 order processing centers, 213 warehouses in 50 cities and 5,367 logistics hubs in 2,356 cities and regions of China. Second after Alibaba in B2C model and transaction volume.
Recommendation for JD.com (Buy. Target for the year: 255 HKD. / +145%). The retailer’s stock has fallen noticeably in recent quarters, which has led to increased potential. In Q3, revenue growth rates outpaced analysts’ forecasts, with most analysts maintaining a positive outlook on the company’s prospects.