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JD.com (JD US) $US52.52

The Chinese e-commerce operator reported fourth-quarter results overnight that were inline / slight beat to expectations in terms of both revenue and earnings while its annual active customer accounts were below consensus estimates. That saw a ~15% decline in the stock dragging down other U.S.-listed Chinese stocks.

MM believes Chinese Ecommerce stocks are cheap
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JD.com (JD US)
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