JD.com

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Caroline Cremen from Adviceworx chose JD.COM as her stock pick of the day.

"JD.com for those people who don't know is the Chinese version of Amazon and while the Chinese economy has rebounded the stock has still been part of the reason for the government's interference in the financial services arms of companies like TenCent, JD.com and also Alibaba. And then also there's been a sectoral switch out of technology but I think this one's sell-off has been abet overdone. You've got to look long-term again for this as domestic consumption is actually a priority for the Chinese government."
10 May 2021 2AM English South Africa Business · Business News

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