China Tech, JD "Really Solid" Earnings
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China Tech, JD "Really Solid" Earnings
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Henry Greene (@Kraneshares) joins Diane King Hall to examine the state of Chinese internet stocks. One such name on the move higher ahead of Tuesday's open: JD.com (JD). Henry adds that "JD.com had a really solid quarter" and points to potential expansion into food delivery. Comparing to Alibaba (BABA), he says JD has less exposure to the U.S. and International markets. With the 90-day pause in U.S. tariffs, Henry believes it is a "sentiment" issue as JD doesn't export much to the U.S.
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