After a long abstinence, I have returned to the Chinese market for several reasons. market for several reasons.
My choice fell on JD.com. Reasons:
- Dividend
- Share buyback
- Investment in further growth areas (food delivery)
- Internationalization outside the USA
- Possible market entry via MediaM / Saturn
- P/E ratio is ridiculously low with further growth
- No net debt or high liquidity
- China will remain fiscally active to support the economy
- Q1 figures signal recovery in consumption
Are there any critical issues that you see (independent of China or ADR)? Share price performance rather sad both on an annual basis and in the short term...
vg Micha
