The Latest Breaking News from JD

The retail firm’s performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday August 27.

The retail firm’s performance in the US will be particularly in focus when it provides a half-year trading update on Wednesday August 27.

Yum China’s HK-traded shares are down about 3% since Tuesday, even as the KFC and Pizza Hut operator posted 4% year-on-year revenue growth last quarter.

Alibaba Group (NYSE:BABA), Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD) pledged on Friday to end aggressive price-based competition that has squeezed margins and drawn regulatory scrutiny.

Trade tensions between China and the U.S. are beginning to thaw, and these two stocks are poised to benefit most from a re-energized Chinese stock market.

On Friday, China’s State Administration for Market Regulation (SAMR) called upon three of the country’s leading food delivery platforms: Alibaba Group’s (NYSE:BABA) Ele.me, Meituan (OTC:MPNGY), and JD.com (NASDAQ:JD). The regulator urged these companies to adopt more “rational” competitive practices amidst an escalating price war within the sector.

Alibaba Group (NYSE:BABA) escalated China’s instant delivery price war by launching a massive 50 billion Chinese yuan subsidy program for consumers and merchants on its Taobao Shangou platform, intensifying an already cutthroat battle for market share against JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY).

U.S.-listed Chinese stocks, including tech giants Alibaba Group Holding (NYSE:BABA), PDD Holdings (NASDAQ:PDD), JD.com (NASDAQ:JD), and Baidu (NASDAQ:BIDU), experienced significant gains on Tuesday.

Alibaba stock is down over 27% from its 2025 highs. The stock, however, looks like a good buy given its valuation and can outperform markets over the medium term.