US stock market · June 18, 2024 0

JD-SW '618' Sales in HK & MO Grow 3x YoY

2024 anniversary event, "618", entered the last 28 hours since 8:00 pm yesterday (17th), with doubled subsidy, according to JD-SW (09618.HK)  +1.600 (+1.415%)    Short selling $356.14M; Ratio 28.324%   's announcement. The sales volume in Hong Kong and Macau recorded a 3x YoY growth since the start of the event.

JD's express delivery service in Hong Kong secured the consumption experience of Hong Kong consumers by increasing the frequency of flights to Hong Kong and expanding the number of its own express couriers, etc., the Group said. At present, 80% of the orders purchased by Hong Kong consumers through JD can be delivered overnight.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-17 16:25.)