The Zhitong Finance App learned that Dahua Jixian released a research report saying that JD Group-SW (09618) is expected to announce the results for the third quarter of this year in mid-November. Revenue is expected to increase 3.5% year-on-year to 309.6 billion yuan, which is generally in line with market expectations, mainly supported by JD retail's return to positive growth. The bank maintained a “buy” rating for JD H shares, maintaining a target price of HK$148 and a target price of $38 for JD (JD.US) US stocks.

The bank estimates that JD's retail revenue is expected to increase 3% year over year to 258.1 billion yuan; general product revenue is expected to increase 8% year over year to 105.3 billion yuan. The bank generally kept JD's revenue forecast unchanged for this year, which is expected to rise 2.8% year over year.

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