オプションチェーンは、JD.comの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、JD.comの市場センチメントを評価します。.

JD.com (NASDAQ:JD) 株価情報, オプションチェーン

JD.com

JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.

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（３日）フォルクスワーゲンAG（OTC：VWAGY）メルセデス・ベンツ（Mercedes-Benz） L&#39;Oréal（ロレアル）をはじめとする数多くの大手多国籍企業が、中国における需要の減少を懸念している。

中国指数消費者信頼度の低下　大手外資企業が苦戦

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先週の株価下落率上位10社に名を連ねたのは以下の銘柄だ。投資家はこれらの銘柄を保有しているだろうか？

米製薬大手モデルナ　米国市場を牽引

JD.com, Inc. - American Depositary Shares

JD.com Inc

LS ISTX IL JD NR ETF

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JD SPORTS FASHION PLC NEW by JD Sports Fashion PLC

JD Sports Fashion PLC

JDE Peets NV

JD HEALTH INTL INC by JD HEALTH INTL INC.

JD Health International Inc

JD HEALTH INTL UNSP/ADR by JD HEALTH INTL INC.

J.P. Morgan Exchange-Traded Fund Trust JPMorgan Dividend Leaders ETF

JD Logistics Inc

JD LOGISTICS INC U/ADR by JD LOGISTICS INC.

JAYDEN RES INC NEW by Jayden Resources, Inc.

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JASDAQ-TOP20 ETF 10UNITS by Jasdaq-Top20 ETF

F3 Platform Biologics, Inc

JADESTONE ENERGY PLC by JADESTONE ENERGY PLC

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JD SPORTS FAS PLC UNS/ADR by JD Sports Fashion PLC

Direxion Daily Junior Gold Miners Index Bear 2X Shares

Jd Bancshares Inc

John Hancock Exchange-Traded Fund Trust John Hancock Disciplined Value International Select ETF

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Jiade Ltd

JD.COM ADR REP 2 CL A ORD

JD.com's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JD#NYSE">JD</a>) short percent of float has fallen 11.24% since its last report. The company recently reported that it has 38.34 million shares sold short, which is 3.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.3 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>JD.com Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730820617_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for JD.com has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing JD.com's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, JD.com's peer group average for short interest as a percentage of float is 9.89%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Looking Into JD.com's Recent Short Interest

China's lawmakers have commenced a week-long session to deliberate on what is expected to be the country's most extensive fiscal stimulus since the COVID-19 pandemic, the Financial Times <a target="_blank" href="https://www.ft.com/content/d82840e4-755b-4ecc-9277-93245cc8c8a9" rel="noreferrer noopener">reports</a>. The lawmakers aim to revive confidence in the country's economy.
The Standing Committee of the National People's Congress is considering measures to alleviate the vast debt burdens impacting China's local governments.
U.S.-listed Chinese tech giant stocks Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), and U.S.-listed Chinese electric vehicle stocks NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), and XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) picked up momentum after the stimulus reports.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/earnings/24/11/41685125/fubotv-q3-earnings-subscribers-grow-9-to-1-61-million-narrows-eps-loss-raises-annual-outlook" rel="noreferrer noopener">FuboTV Q3 Earnings: Subscribers Grow 9% To 1.61 Million, Narrows EPS Loss, Raises Annual Outlook</a>
The proposed fiscal package, anticipated to reach around 10 trillion yuan (about $1.4 trillion) over the next three years, could be crucial in bolstering local government finances while addressing the broader economic slump.
Economists suggest that this initiative must address the challenges faced by households and local governments to stimulate growth effectively.
One key component of the proposed measures includes raising the cap on local government debt to convert "hidden debt" into formal debt, allowing local authorities to issue up to 6 trillion yuan in bonds.
This approach would replace off-the-books liabilities accumulated through financial vehicles established by local governments over the years.
Goldman Sachs analysts told the Financial Times that easing fiscal constraints on local governments is vital for the overall effectiveness of China's current stimulus efforts.
In addition to addressing local debt, the government is weighing new incentives to stimulate household spending and encourage consumer demand.
There are also proposals to increase the fiscal deficit target to 3.6% of GDP next year, up from 3% this year, alongside a potential issuance of an extra 1 trillion yuan in sovereign bonds to recapitalize large state-owned banks.
China's central bank kept its <a target="_blank" href="https://www.benzinga.com/government/24/10/41631456/whats-going-on-with-us-listed-chinese-stocks-like-alibaba-jd-nio-li-on-wednesday" rel="noreferrer noopener">key policy rate</a> unchanged in October, following rate cuts in September aimed at economic support.
The People's Bank of China (PBOC) provided 700 billion yuan ($98.36 billion) through its one-year medium-term lending facility at a stable 2.0% rate.
The PBOC added 292.6 billion yuan via a seven-day reverse repo at 1.5%. September's easing cycle included lowering the one-year MLF rate from 2.3% to 2.0%, a 20-basis-point cut in the seven-day reverse repo, and a reserve requirement reduction, releasing 1 trillion yuan for lending.
Despite the expansive measures, analysts, including Macquarie's Larry Hu, told the Financial Times that these initiatives may suffice to reach the 5% GDP growth target but might fall short of genuinely revitalizing the economy.
Alibaba considered a Chinese tech barometer, and its peers are recuperating from China's domestic regulatory crackdown and a weak economy, which has led to a price war in its e-commerce and cloud businesses. The EV companies are also bearing the brunt of industry weakness leading to a price war.
Price Actions: At the last check on Tuesday, BABA stock was up 2.58% at $100.94 premarket. JD is up 2.08%, BIDU is up 2.44%, NIO is up 3.70%, LI is up 1.99%, and XPEV is up 4.89%.
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<li><a href="https://www.benzinga.com/news/earnings/24/11/41684534/charter-communications-beats-q3-estimates-on-strong-mobile-growth-expanding-margins" target="_blank" rel="noreferrer noopener">Charter Communications Beats Q3 Estimates On Strong Mobile Growth, Expanding Margins</a></li>
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Photo by Oleg Elkov via Shutterstock

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What's Going On With US Listed Chinese Stocks Like Alibaba, JD, Nio On Tuesday?

Alibaba Group Holdings, Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) reported strong demand during the initial sales period of its Singles&#8217; Day shopping festival, signaling a potential rebound in <a href="https://www.benzinga.com/news/24/10/41580089/alibaba-becomes-key-holding-in-chinese-fund-managers-portfolio-economic-measures-spark-interest-in-l">consumer confidence in China.&nbsp;</a>
Singles' Day is the world's largest online shopping festival and while the holiday itself is on Nov. 11, Alibaba hosts a nearly month-long sales event leading up to the holiday on its Taobao and Tmall e-commerce platforms.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/earnings/24/10/41652277/amds-ai-data-center-business-booms-ceo-says-its-closed-a-good-part-of-that-gap-with-nvidia">AMD&#8217;s AI Data Center Business Booms: CEO Says It&#8217;s &#8216;Closed A Good Part Of That Gap&#8217; With Nvidia</a>
Solid Sales: During the initial sales period which began on Oct. 14, Alibaba reported &#8220;solid momentum&#8221; with 284 brands each surpassing sales of approximately $14 million. Taobao and Tmall saw strong sales growth in designer toys, niche home appliances and furniture.&nbsp;
Pet products and pet food were also in high demand with 658 brands doubling their sales in the first four hours compared to the same period last year.
Online consumer spending has picked up in China, according to data from Meritco Services. The major e-commerce platforms, Tmall and Taobao, JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) and ByteDance's Douyin reported a five-fold increase in daily sales for cosmetics and designer toys in the lead up to Singles' Day compared to earlier months of the year. 
E-commerce sites also saw nearly four-fold growth in sales of outdoor gear over the same period. 
China's Economy: China recently unleashed a broad set of policies intended to revive its slowing economy and is considering another substantial<a href="https://www.benzinga.com/government/24/10/41631456/whats-going-on-with-us-listed-chinese-stocks-like-alibaba-jd-nio-li-on-wednesday"> fiscal initiative</a> next week with plans to approve over $1.4 trillion in additional debt issuance.
Singles' Day has become a proxy for consumer sentiment in China and an indicator of its economic health. The sales results from the initial Singles' Day promotion period suggest consumer confidence in China is looking up.&nbsp;
BABA Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Alibaba shares are down 1.59% at $97.13 at the time of publication Thursday.
Read Also:&nbsp;
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Image: Markus Winkler from Pixabay

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Alibaba's Strong Singles' Day Sales Kickoff Hints At China Consumer Rebound

China is considering a substantial fiscal initiative next week to boost its slowing economy. It plans to approve over 10 trillion yuan ($1.4 trillion) in additional debt issuance.
The Standing Committee of the National People&#8217;s Congress (NPC) is set to decide on the measure, which includes 6 trillion yuan in special sovereign bonds to ease local government debt burdens, Reuters reports.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41580089/alibaba-becomes-key-holding-in-chinese-fund-managers-portfolio-economic-measures-spark-interest-in-l" rel="noreferrer noopener">Alibaba Becomes Key Holding in Chinese Fund Manager&#8217;s Portfolio, Economic Measures Spark Interest in Leading Tech</a>
Chinese stocks listed in the U.S., including Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), JD.com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>), NIO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>) are trading lower on Wednesday.
This legislative approval, expected on the final day of the NPC&#8217;s November 4-8 meeting, could signal a shift towards more significant economic stimulus, notably if Donald Trump, who vowed to intensify tariffs on Chinese goods, wins the upcoming U.S. election.
Beijing&#8217;s renewed stimulus efforts coincide with increased global scrutiny of China&#8217;s economic policies.
The government has implemented its most robust monetary measures since the 2020 pandemic and hinted at additional fiscal aid.
Analysts told Reuters the 10-trillion-yuan package indicates a more aggressive approach to shore up China&#8217;s economy but remains less extensive than the 2008 stimulus.
To ease local governments&#8217; debt pressures, the NPC Standing Committee may also approve up to 4 trillion yuan in special-purpose bonds over five years, designated for land and property acquisitions.
If sanctioned in full, this move could raise the overall fiscal package to over 10 trillion yuan.
China&#8217;s central bank held its key policy rate steady in October, following September&#8217;s rate cuts aimed at boosting the economy. Last Friday, the People&#8217;s Bank of China (PBOC) injected 700 billion yuan ($98.36 billion) through its one-year medium-term lending facility, maintaining the rate at 2.0%.
In a separate move, the central bank added 292.6 billion yuan via a seven-day reverse repo at a steady 1.5% rate.
The latest easing cycle started in late September when the PBOC lowered the one-year MLF rate from 2.3% to 2.0% and cut the seven-day reverse repo rate by 20 basis points. Additionally, it reduced reserve requirements, releasing 1 trillion yuan for lending.
In response, China&#8217;s commercial banks reduced benchmark lending rates by 25 basis points to support the struggling property market.
Price Actions: BABA stock is down 0.85% at $98.98 at the last check on Wednesday. JD is down 2.11%, BIDU is down 0.99%, NIO is down 4.38%.
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<li><a href="https://www.benzinga.com/government/24/10/41601188/intel-strengthens-ties-with-china-invests-300-million-to-expand-chip-operations" target="_blank" rel="noreferrer noopener">Intel Strengthens Ties with China, Invests $300 Million to Expand Chip Operations</a></li>
</ul>
Image via Shutterstock

What's Going On With US Listed Chinese Stocks Like Alibaba, JD, Nio, Li On Wednesday?

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Citigourp Global Markets 2% Protected Notes Linked To The Djia

Shares of US-listed Chinese stocks are trading higher. The People's Bank of China announced it will use outright reverse repurchase agreements to enhance liquidity management, which may boost investor confidence and boost China's monetary policy.

Financial giants have made a conspicuous bullish move on JD.com. Our analysis of options history for JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) revealed 8 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $100,250, and 6 were calls, valued at $363,805.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $50.0 for JD.com over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for JD.com options trades today is 4413.86 with a total volume of 3,170.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for JD.com's big money trades within a strike price range of $20.0 to $50.0 over the last 30 days.
<h3>JD.com 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730128555_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.2</td>
<td>$8.0</td>
<td>$8.2</td>
<td>$35.00</td>
<td>$183.7K</td>
<td>0</td>
<td>276</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$12.65</td>
<td>$12.25</td>
<td>$12.65</td>
<td>$50.00</td>
<td>$63.2K</td>
<td>878</td>
<td>50</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$1.23</td>
<td>$1.19</td>
<td>$1.19</td>
<td>$50.00</td>
<td>$56.8K</td>
<td>10.7K</td>
<td>1.1K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$0.57</td>
<td>$0.54</td>
<td>$0.59</td>
<td>$42.50</td>
<td>$45.8K</td>
<td>1.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$1.85</td>
<td>$1.84</td>
<td>$1.85</td>
<td>$37.50</td>
<td>$37.0K</td>
<td>12.6K</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About JD.com</h3>
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
Following our analysis of the options activities associated with JD.com, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of JD.com</h3>
<ul>
<li>Currently trading with a volume of 5,026,002, the JD's price is up by 4.36%, now at $41.64. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 16 days.</li>
</ul>
<h3>Expert Opinions on JD.com</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $48.75.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $47. 
&#x2A; In a positive move, an analyst from Loop Capital has upgraded their rating to Buy and adjusted the price target to $48. 
&#x2A; An analyst from Barclays persists with their Overweight rating on JD.com, maintaining a target price of $50. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for JD.com, targeting a price of $50. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest JD.com options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Behind the Scenes of JD.com's Latest Options Trends

Market participants are almost fully pricing in a rate cut at the Federal Reserve&#8217;s Nov. 7 meeting as policymakers enter their customary pre-meeting blackout period, where officials abstain from public commentary leading up <a href="https://www.benzinga.com/topic/interest-rates">to the policy decision</a>.
Investors have further bolstered their rate-cut wagers during the week and now are assigning a 96% chance to a quarter-point rate cut, as per CME FedWatch tool. 
Next week&#8217;s economic data releases include a pivotal inflation report – the Personal Consumption Expenditure (PCE) price index for September – and October official labor statistics. The latter could see some volatility related to the impacts of hurricanes and strikes on the pace of employment growth and unemployment rate. 
Yet, expectations are underpinned by optimism within the Fed that the U.S. economy can sustain job growth without driving new inflationary pressures, suggesting the central bank may gradually unwind its policy restrictiveness.
<h3 class="wp-block-heading">Mixed Views Among Fed Officials On Rate Path</h3>
Federal Reserve officials have expressed varied perspectives on the pace and urgency of rate cuts over the past month. 
Minneapolis Fed President Neel Kashkari recently said to expect "modest cuts over the next quarters," warning that labor market weakness could accelerate the pace of rate reductions if needed.
Atlanta Fed President Raphael Bostic said he is "not in a rush on rate cuts," preferring to assess economic data to avoid premature action. 
San Francisco Fed President Mary Daly remarked that that policy adjustments will persist and there is no reason to halt rate cuts. 
Dallas Fed President Lorie Logan similarly leaned towards a gradual rate-cut approach and Chicago Fed President Austan Goolsbee emphasized that he does not see convincing evidence that the economy is overheating again.
Fed Governor Christopher Waller highlighted last week that over 100,000 jobs might be missing from the October payrolls report due to factors like recent hurricanes and labor strikes. This disruption could temporarily inflate the unemployment rate, though Waller stressed that the labor market remains "on solid footing." He affirmed the idea of proceeding with gradual rate cuts.
<h3 class="wp-block-heading">Market Reactions Signal Optimism Amid Rate Cuts, But Election Uncertainties Loom</h3>
September&#8217;s 50-basis-point rate cut injected fresh optimism into U.S. equity markets, with major indexes climbing in its wake. 
The S&amp;P 500, reflected by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), has gained roughly 3% since Sept. 18, peaking on Oct. 17. 
The tech-heavy Nasdaq 100, mirrored by the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), saw an even stronger rally, rising around 4% in the same period.
Data from Benzinga Pro highlights the top 10 large-cap performers from Sept. 18 to Oct. 25.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>% Change (Sept. 18 – Oct. 25)</td>
</tr>
<tr>
<td>MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)</td>
<td>79.7%</td>
</tr>
<tr>
<td>Astera Labs Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>)</td>
<td>51.74%</td>
</tr>
<tr>
<td>KE Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>)</td>
<td>48.26%</td>
</tr>
<tr>
<td>JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>)</td>
<td>46.1%</td>
</tr>
<tr>
<td>Futu Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) </td>
<td>46.0%</td>
</tr>
<tr>
<td>United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</td>
<td>41.55%</td>
</tr>
<tr>
<td>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>)</td>
<td>37.77%</td>
</tr>
<tr>
<td>Aurora Innovation Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>)</td>
<td>35.5%</td>
</tr>
<tr>
<td>SoFi Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</td>
<td>34.61%</td>
</tr>
<tr>
<td>Cameco Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCJ#NYSE">CCJ</a>)</td>
<td>33.62%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102524&amp;t=be2bearmibe3na1">Benzinga Pro</a> </figcaption></figure>
However, with the Fed&#8217;s potential rate cut decision set for just two days after the high-stakes presidential election, political uncertainties could weigh heavily on market sentiment in the upcoming weeks. 
Investors are especially keen for clarity on the economic policies each candidate intends to pursue, as the U.S. budget deficit looms as a pressing issue. 
The latest International Monetary Fund (IMF) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41495286/deficit-strain-in-washington-will-get-worse-imf-warns-national-debt-projections-rev">projections suggest the U.S. deficit</a> will continue to widen, raising concerns over long-term fiscal stability and potential impacts on monetary policy going forward. 
Read now: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/10/41545408/tariffs-are-inflationary-imf-deputy-chief-rejects-trumps-trade-policies-as-elections-loom">&#8216;Tariffs Are Inflationary&#8217;: IMF Deputy Chief Rejects Trump&#8217;s Trade Policies As Elections Loom</a></li>
</ul>

Equities

Macro Economic Events

Broad U.S. Equity ETFs

Econ #s

Federal Reserve

ETFs

ALAB

MSTR

SOFI

November Interest Rate Cut Almost A Done Deal As Blackout Begins: 10 Stocks Surging The Most Since Fed's Last Decision

US-listed Chinese stocks responded positively to the People&#8217;s Bank of China&#8217;s latest move on key rate policy.
China&#8217;s central bank maintained its key policy rate in October, meeting expectations after last month&#8217;s rate cuts to boost the economy.
On Friday, the People&#8217;s Bank of China injected 700 billion yuan ($98.36 billion) into the banking system through its one-year medium-term lending facility, keeping the rate steady at 2.0%, the Wall Street Journal <a target="_blank" href="https://www.wsj.com/economy/central-banking/chinas-central-bank-holds-key-policy-steady-c84c46e4" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/10/41528255/googles-2b-investment-in-anthropic-under-scrutiny-uk-opens-competition-inquiry" rel="noreferrer noopener">Google&#8217;s $2B Investment in Anthropic Under Scrutiny, UK Opens Competition Inquiry</a>
This move involved a net cash withdrawal of 89 billion yuan as the central bank shifted focus to short-term tools for market guidance.
In a separate operation, the PBOC added 292.6 billion yuan via a seven-day reverse repo at an unchanged rate of 1.5%.
Chinese tech giant Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), JD.com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), and Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) are trading higher on Friday. Electric vehicle companies NIO Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), XPeng Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), and ZEEKR Intelligent Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>) are trading higher too.
China&#8217;s latest easing cycle began in late September when the PBOC slashed the one-year MLF rate from 2.3% to 2.0% and reduced the seven-day reverse repo rate by 20 basis points.
The central bank also decreased reserve requirements, freeing 1 trillion yuan for lending, with another adjustment expected by year&#8217;s end.
China&#8217;s commercial banks responded by cutting benchmark lending rates by 25 basis points on Monday, aiming to support the property market.
This week, the IMF cut China&#8217;s <a target="_blank" href="https://www.benzinga.com/government/24/10/41517352/whats-going-on-with-us-listed-chinese-firms-alibaba-jd-baidu-stocks-on-thursday" rel="noreferrer noopener">2024 growth forecast</a> from 5% to 4.8% due to low consumer confidence and property market challenges.
Despite these issues, international institutions, including UBS and Goldman Sachs, raised their 2024 growth forecasts for China, predicting growth could approach 5% following recent stimulus efforts.
Price Actions: At the last check on Friday, BABA stock was up 2.47% at $98.172. JD is up 3.29%, BIDU is up 1.33%, NIO is up 5.54%, LI is up 6.41%, XPEV is up 7.65%, and ZK is up 14.50%.
Also Read:
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<li><a href="https://www.benzinga.com/news/24/10/41526650/apples-ai-powered-future-iphone-growth-surge-by-2026-with-new-iphone-17-ai-integration-analyst-says" target="_blank" rel="noreferrer noopener">Apple&#8217;s AI-Powered Future: iPhone Growth Surge By 2026 With New iPhone 17, AI Integration, Analyst Says</a></li>
</ul>
Photo by Oleg Elkov via Shutterstock

What's Going On US-Listed Chinese Stocks On Friday?

Deep-pocketed investors have adopted a bearish approach towards JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in JD usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for JD.com. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 36% leaning bullish and 54% bearish. Among these notable options, 3 are puts, totaling $622,514, and 8 are calls, amounting to $1,039,238.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $27.0 to $70.0 for JD.com over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for JD.com's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across JD.com's significant trades, within a strike price range of $27.0 to $70.0, over the past month.
<h3>JD.com Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729781132_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$3.1</td>
<td>$3.05</td>
<td>$3.05</td>
<td>$70.00</td>
<td>$565.1K</td>
<td>316</td>
<td>1.9K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/08/24</td>
<td>$1.42</td>
<td>$1.19</td>
<td>$1.27</td>
<td>$38.00</td>
<td>$299.6K</td>
<td>91</td>
<td>2.3K</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$2.13</td>
<td>$2.05</td>
<td>$2.08</td>
<td>$38.00</td>
<td>$270.4K</td>
<td>59</td>
<td>1.3K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$10.65</td>
<td>$10.2</td>
<td>$10.2</td>
<td>$30.00</td>
<td>$224.4K</td>
<td>16.2K</td>
<td>0</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.88</td>
<td>$1.87</td>
<td>$1.87</td>
<td>$40.00</td>
<td>$56.1K</td>
<td>10.1K</td>
<td>320</td>
</tr>
</tbody>
</table>

<h3>About JD.com</h3>
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
Having examined the options trading patterns of JD.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of JD.com</h3>
<ul>
<li>Trading volume stands at 2,429,676, with JD's price down by -2.5%, positioned at $39.0.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 20 days.</li>
</ul>
<h3>What The Experts Say On JD.com</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $48.75.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a positive move, an analyst from Loop Capital has upgraded their rating to Buy and adjusted the price target to $48. 
&#x2A; Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $47. 
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on JD.com with a target price of $50. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for JD.com, targeting a price of $50. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for JD.com, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Decoding JD.com's Options Activity: What's the Big Picture?

US-listed Chinese stocks Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), JD.com, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), and Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) are trading lower Thursday.
The down move follows the International Monetary Fund (IMF) lowering China&#8217;s <a target="_blank" href="https://www.benzinga.com/government/24/10/41488506/whats-going-on-with-us-listed-chinese-ev-stocks-nio-li-xpeng-wednesday" rel="noreferrer noopener">2024 economic growth</a> forecast to 4.8%, down from the previous 5% estimate, due to declining consumer confidence and ongoing property market challenges.
The IMF cautioned that further drops in home prices could erode consumer confidence, reduce household spending, and weaken domestic demand.
Several international financial institutions have raised their 2024 economic growth forecasts for China following recent stimulus measures introduced in late September, predicting that Beijing will meet its around 5% target, SCMP <a target="_blank" href="https://www.scmp.com/economy/article/3283229/chinas-gdp-growth-forecasts-edge-foreign-banks-respond-stimulus-moves" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/10/41458212/apple-iphone-16-discounts-roll-out-on-alibabas-tmall-ai-delays-and-domestic-competitors-fuel-aggress" rel="noreferrer noopener">Apple iPhone 16 Discounts Roll Out on Alibaba&#8217;s Tmall, AI Delays and Domestic Competitors Fuel Aggressive Pricing</a>
UBS, Moody&#8217;s Analytics, Goldman Sachs, and Nomura now project China&#8217;s gross domestic product growth to reach as high as 4.95% in 2024, despite challenges like weak retail sales and property prices.
Last week, China reported 4.6% third-quarter growth, the lowest since mid-2022, but raised its year-to-date growth to 4.8%.
President Xi Jinping has issued several economic-focused directives in the past week as attention turns to Beijing&#8217;s stimulus efforts to stabilize China&#8217;s economy, SCMP <a target="_blank" href="https://www.scmp.com/economy/policy/article/3283393/xi-jinping-makes-economic-centric-instructions-spur-chinas-growth" rel="noreferrer noopener">reports</a>.
On Sunday, Xi&#8217;s message was delivered during a ceremony in Tianjin, marking the 40th anniversary of China&#8217;s economic development zones.
Last week, during his tours of Fujian and Anhui, Xi appeared to gather firsthand insights into the state of the economy and the implementation of recent policies.
His push for development comes as China&#8217;s economy faces domestic challenges and global uncertainties, raising concerns about meeting the annual growth target.
Price Actions: BABA stock is down 1.43% at $96.60 premarket at last check Thursday. JD is down 1,52% and BIDU is down 1.07%.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41426301/alibaba-uses-ai-tool-quanzhantui-to-boosts-singles-day-sales-driving-growth-for-merchants" target="_blank" rel="noreferrer noopener">Alibaba Uses AI Tool Quanzhantui To Boosts Singles&#8217; Day Sales, Driving Growth for Merchants</a></li>
</ul>
Photo Via Shutterstock

What's Going On With US Listed Chinese Firms Alibaba, JD, Baidu Stocks On Thursday?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$200.00</td>
<td>$28.4K</td>
<td>22.4K</td>
<td>13.3K</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/25/24</td>
<td>$51.00</td>
<td>$25.1K</td>
<td>2.0K</td>
<td>5.3K</td>
</tr>
<tr>
<td>BYON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$10.00</td>
<td>$95.0K</td>
<td>6.5K</td>
<td>1.3K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$12.50</td>
<td>$28.0K</td>
<td>26.6K</td>
<td>907</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$90.00</td>
<td>$31.0K</td>
<td>4.0K</td>
<td>856</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$50.00</td>
<td>$35.2K</td>
<td>18.2K</td>
<td>551</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$47.00</td>
<td>$37.4K</td>
<td>9</td>
<td>550</td>
</tr>
<tr>
<td>DECK</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$150.00</td>
<td>$462.2K</td>
<td>432</td>
<td>422</td>
</tr>
<tr>
<td>MBLY</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$14.00</td>
<td>$29.0K</td>
<td>413</td>
<td>303</td>
</tr>
<tr>
<td>TJX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$100.00</td>
<td>$90.0K</td>
<td>567</td>
<td>201</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on October 25, 2024. Parties traded 187 contract(s) at a $200.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $152.0 per contract. There were 22401 open contracts at this strike prior to today, and today 13340 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on October 25, 2024. This event was a transfer of 90 contract(s) at a $51.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $280.0 per contract. There were 2098 open contracts at this strike prior to today, and today 5314 contract(s) were bought and sold. 
• For BYON (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYON#NYSE">BYON</a>), we notice a call option sweep that happens to be bearish, expiring in 59 day(s) on December 20, 2024. This event was a transfer of 500 contract(s) at a $10.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $95.0K, with a price of $190.0 per contract. There were 6530 open contracts at this strike prior to today, and today 1390 contract(s) were bought and sold. 
• For RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we notice a call option sweep that happens to be bearish, expiring in 87 day(s) on January 17, 2025. This event was a transfer of 330 contract(s) at a $12.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $85.0 per contract. There were 26628 open contracts at this strike prior to today, and today 907 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a call option trade that happens to be neutral, expiring in 150 day(s) on March 21, 2025. This event was a transfer of 100 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 4096 open contracts at this strike prior to today, and today 856 contract(s) were bought and sold. 
• For CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we notice a call option trade that happens to be bearish, expiring in 451 day(s) on January 16, 2026. This event was a transfer of 50 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $35.2K, with a price of $705.0 per contract. There were 18264 open contracts at this strike prior to today, and today 551 contract(s) were bought and sold. 
• Regarding JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on November 29, 2024. Parties traded 350 contract(s) at a $47.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $37.4K, with a price of $107.0 per contract. There were 9 open contracts at this strike prior to today, and today 550 contract(s) were bought and sold. 
• Regarding DECK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DECK#NYSE">DECK</a>), we observe a put option sweep with bullish sentiment. It expires in 150 day(s) on March 21, 2025. Parties traded 370 contract(s) at a $150.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $462.2K, with a price of $1250.0 per contract. There were 432 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold. 
• For MBLY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), we notice a call option trade that happens to be neutral, expiring in 59 day(s) on December 20, 2024. This event was a transfer of 200 contract(s) at a $14.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 413 open contracts at this strike prior to today, and today 303 contract(s) were bought and sold. 
• Regarding TJX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>), we observe a put option trade with bearish sentiment. It expires in 451 day(s) on January 16, 2026. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $90.0K, with a price of $450.0 per contract. There were 567 open contracts at this strike prior to today, and today 201 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BYON

DECK

MBLY

RIVN

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has reduced iPhone 16 prices by up to 1,600 yuan ($225) on its Alibaba Group Holding&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) Tmall store to boost sales during Singles&#8217; Day, the world&#8217;s largest shopping festival.
Beginning Monday evening, Apple offered a 500-yuan voucher for all iPhone 16 models, with the base iPhone 16 and iPhone 16 Pro Max starting at 5,499 yuan and 9,499 yuan, respectively, SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3283270/apples-iphone-16-sees-price-cuts-chinese-online-platforms-singles-day-promotions?module=perpetual_scroll_0&amp;pgtype=article" rel="noreferrer noopener">reports</a>.
These price cuts come as Apple aims to counter the lukewarm initial response to the iPhone 16 on Chinese social media.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41408200/this-bullish-analyst-highlights-taiwan-semis-3nm-strength-and-margin-expansion-pote" rel="noreferrer noopener">This Bullish Analyst Highlights Taiwan Semi&#8217;s 3nm Strength and Margin Expansion Potential, Raises Forecast</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22053634/newplot-19.png" alt="" class="wp-image-606949" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22053634/newplot-19.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/22053634/newplot-19-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
The discounting is partly due to Apple Intelligence&#8217;s on-device AI system not supporting Chinese until next year.
Tmall has also introduced a trade-in subsidy of up to 1,100 yuan, allowing customers to save as much as 1,600 yuan on iPhone 16 purchases. JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) announced a similar discount, offering a free AppleCare+ subscription for the iPhone 16&#8217;s base and Plus models. PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) Pinduoduo further slashed prices, with the 256GB iPhone 16 Pro Max now priced at 9,199 yuan.
Riding the success of its 5G comeback, Huawei Technologies Co outpaced Apple in mainland smartphone sales in August for the first time in 46 months, SCMP cites CINNO Research.
<a target="_blank" href="https://www.benzinga.com/government/24/10/41399541/apple-iphone-16-sees-20-sales-surge-in-china-but-ai-absence-prompts-early-price-cuts" rel="noreferrer noopener">Prior reports indicated</a> that Pinduoduo and Taobao were slashing the prices of the iPhone 16 series before its official release due to its&nbsp;lack of AI features.
Pinduoduo started selling the iPhone 16 Plus with 512 gigabytes of storage at a 10% discount and the 128GB iPhone 16 at an 11% discount. Both Pinduoduo and Taobao marketplace have slapped a 4% discount on the 256GB version of the high-end iPhone 16 Pro Max.
Needham&nbsp;analyst Laura Martin expects the iPhone to constitute 89%- 96% of Apple&#8217;s <a target="_blank" href="https://www.benzinga.com/news/24/09/41005053/apple-iphone-to-fuel-96-of-2025-revenue-analyst-says-a-safer-bet-than-ai-heavy-amazon-alphabet-micro" rel="noreferrer noopener">fiscal 2025 revenue</a>.
Apple&nbsp;stock gained 37% in the last 12 months. Investors can gain exposure to the stock through Vanguard Information Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>) and iShares Russell 1000 Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWF#NYSE">IWF</a>).
Price Action: AAPL stock is down 0.99% at $234.13 at the last check on Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41403644/alibaba-eyes-double-digit-growth-for-singles-day-in-hong-kong-waives-delivery-fees" target="_blank" rel="noreferrer noopener">Alibaba Eyes Double-Digit Growth for Singles&#8217; Day in Hong Kong, Waives Delivery Fees</a></li>
</ul>
Photo courtesy: Apple

AAPL

Apple iPhone 16 Discounts Roll Out on Alibaba's Tmall, AI Delays and Domestic Competitors Fuel Aggressive Pricing

Investors with a lot of money to spend have taken a bearish stance on JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with JD, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 15 uncommon options trades for JD.com.
This isn't normal.
The overall sentiment of these big-money traders is split between 46% bullish and 53%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $412,105, and 9 are calls, for a total amount of $485,019.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $27.0 to $44.0 for JD.com over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of JD.com stands at 4745.86, with a total volume reaching 7,644.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in JD.com, situated within the strike price corridor from $27.0 to $44.0, throughout the last 30 days.
<h3>JD.com Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729535441_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$2.0</td>
<td>$1.95</td>
<td>$1.95</td>
<td>$39.00</td>
<td>$153.6K</td>
<td>3.4K</td>
<td>998</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$0.85</td>
<td>$0.81</td>
<td>$0.82</td>
<td>$37.00</td>
<td>$98.3K</td>
<td>176</td>
<td>1.2K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$3.45</td>
<td>$3.4</td>
<td>$3.45</td>
<td>$40.00</td>
<td>$86.2K</td>
<td>9.5K</td>
<td>251</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.09</td>
<td>$1.08</td>
<td>$1.08</td>
<td>$44.00</td>
<td>$85.1K</td>
<td>2.9K</td>
<td>813</td>
</tr>
<tr>
<td>JD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$3.1</td>
<td>$2.71</td>
<td>$2.77</td>
<td>$32.00</td>
<td>$72.0K</td>
<td>532</td>
<td>262</td>
</tr>
</tbody>
</table>

<h3>About JD.com</h3>
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
Having examined the options trading patterns of JD.com, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Current Position of JD.com</h3>
<ul>
<li>With a trading volume of 5,747,522, the price of JD is down by -1.23%, reaching $39.49.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 23 days from now.</li>
</ul>
<h3>Expert Opinions on JD.com</h3>
In the last month, 4 experts released ratings on this stock with an average target price of $48.75.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Loop Capital upgraded its action to Buy with a price target of $48. 
&#x2A; An analyst from Barclays has decided to maintain their Overweight rating on JD.com, which currently sits at a price target of $50. 
&#x2A; An analyst from Benchmark downgraded its action to Buy with a price target of $47. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for JD.com, targeting a price of $50. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for JD.com, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Check Out What Whales Are Doing With JD.com

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Needham analyst Mike Cikos upgraded the rating for GitLab Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NASDAQ">GTLB</a>) from Hold to Buy and announced a $70 price target. GitLab shares closed at $55.34 on Friday. <a href="https://www.benzinga.com/quote/GTLB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Leerink Partners analyst Andrew Berens upgraded Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>) from Market Perform to Outperform and lifted the price target from $74 to $96. Gilead Sciences shares closed at $86.72 on Friday. <a href="https://www.benzinga.com/quote/GILD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Loop Capital analyst Rob Sanderson upgraded the rating for JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) from Hold to Buy but lowered the price target from $49 to $48. JD.com shares closed at $38.85 on Friday. <a href="https://www.benzinga.com/quote/JD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird analyst Timothy Wojs upgraded Mohawk Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MHK#NYSE">MHK</a>) from Neutral to Overweight and raised the price target from $160 to $196. Mohawk Industries shares closed at $161.05 on Thursday. <a href="https://www.benzinga.com/quote/MHK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Deutsche Bank analyst Brooke Roach upgraded the rating for Warby Parker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRBY#NYSE">WRBY</a>) from Neutral to Buy and raised the price target from $15 to $18. Warby Parker shares closed at $16.55 on Friday. <a href="https://www.benzinga.com/quote/WRBY/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying JD stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="489" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21082422/image-182-1024x489.png" alt="" class="wp-image-605089" style="width:614px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21082422/image-182-1024x489.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21082422/image-182-300x143.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21082422/image-182-768x367.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/21082422/image-182.png 1336w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/24/10/41421321/dow-s-p-500-settle-at-record-high-levels-record-6th-consecutive-week-of-gains-fear-index-moves-to-e">Dow, S&amp;P 500 Settle At Record High Levels, Record 6th Consecutive Week Of Gains: Fear Index Moves To &#8216;Extreme Greed&#8217; Zone</a></li>
</ul>

Upgrades

Analyst Ratings

GILD

GTLB

WRBY

This JD.com Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) voiced notable progress with its digital marketing tool, Quanzhantui, which launched earlier this year and aims to drive revenue on its Taobao and Tmall platforms.
The tool helps merchants improve their sales by leveraging AI-powered technology.
According to Eddie Liu, head of marketing and branding at Alimama, the tool was crucial in supporting 1.3 million products on the first day of Singles&#8217; Day, the SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3282960/alibabas-ai-powered-digital-marketing-tool-boosts-singles-day-sales-merchants" rel="noreferrer noopener">reports</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/24/10/41378473/alibaba-and-jd-com-ease-rivalry-share-logistics-in-response-to-economic-challenges" rel="noreferrer noopener">Alibaba And JD.com Ease Rivalry, Share Logistics In Response To Economic Challenges</a>
Alibaba launched Quanzhantui to help merchants grow their revenue, especially during competitive shopping events like Singles&#8217; Day.
The company introduced Quanzhantui, alongside a new technology service fee, as part of its strategy to increase monetization.
During the initial day of Alibaba&#8217;s Singles&#8217; Day promotion, Quanzhantui supported over 250,000 merchants and helped increase their gross merchandise value (GMV) by 66% compared to the previous day.
Alibaba launched a 1 billion yuan ($142 million) promotion on October 1, <a target="_blank" href="https://www.benzinga.com/news/24/10/41403644/alibaba-eyes-double-digit-growth-for-singles-day-in-hong-kong-waives-delivery-fees" rel="noreferrer noopener">waiving delivery fees</a> for Taobao orders over 99 yuan in Hong Kong.
Taobao&#8217;s GMV and order volume have grown significantly, with vital positive feedback on the free shipping initiative.
China is reportedly planning a massive fiscal stimulus of 6 trillion yuan ($850 billion) over three years to <a target="_blank" href="https://www.benzinga.com/news/24/10/41336235/chinese-e-commerce-firms-alibaba-jd-pdd-gear-up-for-singles-day-shopping-festival" rel="noreferrer noopener">boost its economy</a>. This will be accompanied by central bank measures to lower interest rates and reserve requirements.
As part of their Singles&#8217; Day preparations, Alibaba, JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), and PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) launched early promotions on October 16. Alibaba committed over $5.7 billion to offering discounts and free nationwide shipping.
Alibaba&#8217;s&nbsp;fiscal <a target="_blank" href="https://www.benzinga.com/news/earnings/24/08/40390854/alibaba-q1-earnings-revenue-miss-amid-price-war-profit-beat-international-commerce-and-cloud-segmen" rel="noreferrer noopener">first-quarter&nbsp;topline</a> grew by 4% to $33.47 billion, missing the analyst estimate of $34.81 billion. Taobao and Tmall Group revenue declined by 1% to $15.60 billion.
Alibaba Group stock has gained over 37% year-to-date. Investors can gain exposure to Alibaba through Goldman Sachs Hedge Industry VIP ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GVIP#NYSE">GVIP</a>) and Amplify Transformational Data Sharing ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLOK#NYSE">BLOK</a>).
Price Action: BABA stock traded lower by 2.47% at $99.90 premarket at the last check on Monday.
Also Read:
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<li><a href="https://www.benzinga.com/government/24/10/41399541/apple-iphone-16-sees-20-sales-surge-in-china-but-ai-absence-prompts-early-price-cuts" target="_blank" rel="noreferrer noopener">Apple iPhone 16 Sees 20% Sales Surge in China, But AI Absence Prompts Early Price Cuts</a></li>
</ul>
Photo Via Shutterstock

BLOK

GVIP

Alibaba Uses AI Tool Quanzhantui To Boosts Singles' Day Sales, Driving Growth for Merchants

Chinese stocks listed in the U.S. are experiencing a downturn as Beijing implements a reduction in its primary lending rates.
What Happened: On Monday&#8217;s pre-market, the shares of Chinese companies listed in the U.S. saw a decline during Monday&#8217;s pre-market session, according to <a href="https://pro.benzinga.com">Benzinga Pro</a>. This follows Beijing&#8217;s decision to reduce its primary benchmark lending rates by 25 basis points.
At the time of reporting, Alibaba Group Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) experienced a 1.99% drop, while rival PDD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), parent company of Temu, fell by 1.96%. Electric vehicle manufacturers Li Auto Inc. NASDAQ: LI) and NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) saw declines of 1.98% and 2.30%, respectively. Additionally, Baidu, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) decreased by 1.28%, and JD.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) was down by 0.78%.
Bloomberg reported that investors are assessing the impact of commercial bank rate cuts amid discussions that only government spending might revive the economy. The People&#8217;s Bank of China (PBOC) announced the one-year loan prime rate (LPR) is now 3.1%, and the five-year LPR is 3.6%.
See Also: <a href="https://www.benzinga.com/markets/asia/24/10/41398004/why-are-alibaba-nio-jd-com-and-other-us-listed-chinese-stocks-surging-today?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Why Are Alibaba, Nio, JD.Com And Other US-Listed Chinese Stocks Surging Today?</a>
CNBC <a href="https://www.cnbc.com/2024/10/21/asia-markets.html">reported</a> that despite these monetary measures, experts have emphasized the necessity for fiscal stimulus, noting that the real challenge is the lack of demand in China. 
Why It Matters: The reduction in China&#8217;s lending rates is part of a broader strategy to <a href="https://www.benzinga.com/markets/asia/24/10/41324527/as-chinas-stimulus-hype-wanes-beijing-reportedly-weighs-850b-special-treasury-bonds-to-stimulate-eco">stimulate economic growth </a>amid ongoing challenges. The economic recovery in China has been sluggish, with a noticeable decline in consumer demand and industrial output. In recent months, the Chinese government has been under pressure to implement measures that could boost economic activity. However, the effectiveness of monetary policy alone has been questioned, with experts like Shane Oliver advocating for increased fiscal measures to address the demand shortfall.
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41395812/paul-krugman-warns-trumps-tariff-plan-could-rewind-economic-progress-90-years-and-ignite-global-conf?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Paul Krugman Warns Trump&#8217;s Tariff Plan Could Rewind Economic Progress 90 Years and Ignite Global Conflict</a></li>
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Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image via Shutterstock

Pre-Market Outlook

Alibaba, Nio, Baidu Stocks Decline Amid China's Rate Cuts: What's Going On?

Loop Capital analyst Rob Sanderson upgrades JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) from Hold to Buy and lowers the price target from $49 to $48.

Price Target

Loop Capital Upgrades JD.com to Buy, Lowers Price Target to $48

Chinese tech giants Alibaba Group Holding Ltd &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), JD.Com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) and Baidu Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) all gained early Friday, driven by stronger-than-expected <a href="https://www.benzinga.com/news/24/10/41399129/why-us-listed-china-etfs-are-gaining-up-to-6-in-fridays-premarket">GDP figures from China.</a>
The upbeat economic data has invigorated market sentiment, pushing U.S.-listed Chinese stocks higher and contributing to a rally in China-based exchange-traded funds (ETFs).
Additionally, per a Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-10-18/china-s-further-slowdown-highlights-urgency-for-more-stimulus">report </a>early Friday, markets also found unexpected optimism in the People's Bank of China (PBOC). A speech from Governor Pan Gongsheng, along with the announcement of a support program for share buybacks, lifted market sentiment.
The National Bureau of Statistics expressed confidence that there is "large room" for further policy action this year, with a "very likely" chance of economic recovery, <a href="https://www.bloomberg.com/news/live-blog/2024-10-18/china-gdp-key-economic-indicators?sref=TBDibEcD">according </a>to Bloomberg. The bureau also noted that the external environment is &#8220;increasingly complex and grim&#8221; and the economy's foundation for a rebound needs to be further solidified. 
What Happened With GDP Data: China&#8217;s GDP expanded by 4.6% year-over-year in the third quarter, beating a Reuters poll forecast of 4.5%. Although the growth was marginally below the previous quarter's figure of 4.7%, it reassured investors that the world&#8217;s second-largest economy remains resilient despite recent challenges.
Alongside the GDP data, other indicators such as a 5.4% rise in industrial output and a 3.2% increase in retail sales further solidified optimism during Friday&#8217;s session.
Read Also: <a href="https://www.benzinga.com/markets/asia/24/10/41324527/as-chinas-stimulus-hype-wanes-beijing-reportedly-weighs-850b-special-treasury-bonds-to-stimulate-eco?itm_source=parsely-api">As China&#8217;s Stimulus Hype Wanes, Beijing Reportedly Weighs $850B Special Treasury Bonds To Stimulate Economy And Tackle Local Debt</a>
U.S.-listed ETFs tracking Chinese companies saw a sharp rise on the news. The KraneShares CSI China Internet ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NASDAQ">KWEB</a>), a fund heavily exposed to major Chinese tech firms, gained 4.5% early Friday. The iShares China Large-Cap ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NASDAQ">FXI</a>) and iShares MSCI China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHI#NASDAQ">MCHI</a>) also gained 4% each as investors looked to capitalize on the promising data.
Why This Matters For Alibaba: Alibaba, one of China's leading e-commerce platforms, is particularly sensitive to retail sales growth, making the better-than-expected retail data a boon for its stock. The company, which operates across multiple segments including online retail, cloud computing and digital media, stands to benefit from renewed consumer spending. 
With retail sales up by 3.2% in September, Alibaba is poised to capitalize on increased consumer activity and potentially stronger demand during the upcoming holiday shopping season.
Why This Matters For JD.com: JD.com, another key player in the Chinese e-commerce space, also experienced a boost from the positive GDP data. The company, known for its robust logistics network and dominance in online retail, is similarly tied to retail sales figures.
The industrial output increase of 5.4% was particularly relevant for JD, as its business relies on a smooth and efficient supply chain to meet growing demand.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41402089/goldman-sachs-highlights-20-top-short-squeeze-opportunities-for-q3-earnings-season">Goldman Sachs Highlights 20 Top Short-Squeeze Opportunities For Q3 Earnings Season</a>
Why This Matters For Baidu: Baidu, China's most popular search engine and AI company, also saw its shares jump as part of the broader rally in Chinese tech stocks. Baidu has been expanding its reach into artificial intelligence and autonomous driving, areas that could benefit from China&#8217;s overall economic growth. 
As industrial activity rises, Baidu&#8217;s AI-driven enterprise services, cloud computing and autonomous driving ventures are expected to see increased demand. Moreover, improvements in consumer spending could boost Baidu's core advertising business, which is highly reliant on the health of the broader economy.
The Bigger Picture: China&#8217;s positive economic data arrives at a crucial time. Global markets have been increasingly concerned about the country's growth prospects amid a slowing property market and ongoing geopolitical tensions.
While concerns over declining house prices remain – with a sharper 5.8% drop year-over-year in September – the broader economy appears to be gaining strength. Investors interpret this data as a sign that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/41032804/chinas-stimulus-sparks-optimism-3-large-cap-stocks-with-analyst-buy-ratings" target="_blank" rel="noopener">China's targeted stimulus measures and government interventions</a> may stabilize the economy.
With Beijing reportedly considering further fiscal measures, including an <a href="https://www.benzinga.com/markets/asia/24/10/41324527/as-chinas-stimulus-hype-wanes-beijing-reportedly-weighs-850b-special-treasury-bonds-to-stimulate-eco?itm_source=parsely-api">$850 billion special treasury bond</a> to stimulate the economy and tackle local debt, the stage may be set for continued momentum in China's stock market.
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Photo: Shutterstock

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Alibaba, JD.com, Baidu Stocks Climb On Strong China GDP Growth, Rising Consumer Spending

Apple Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) iPhone 16 scored a win in China in its first three weeks, highlighting the rising demand for luxury smartphones paired with artificial intelligence features. China is a crucial market for the company.
The iPhone 16 performance coincided with China&#8217;s stimulus plans and the upcoming holiday season.
Apple&#8217;s latest smartphone model clocked a sales growth of 20% year-on-year in their first three weeks, beating the iPhone 15, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-10-18/apple-iphone-16-sales-soar-20-in-china-debut-as-demand-recovers?srnd=phx-technology&amp;sref=TBDibEcD" rel="noreferrer noopener">cites</a> Counterpoint Research data.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41143369/apple-to-launch-budget-iphone-in-2025-aims-for-market-share-gains-from-huawei-and-xiaomi" rel="noreferrer noopener">Apple To Launch Budget iPhone in 2025, Aims for Market Share Gains from Huawei and Xiaomi</a>
The shift to the premium models fueled sales of the top-end Pro and Pro Max models by 44% year-on-year.
Counterpoint&#8217;s&nbsp;Ivan Lam attributed the iPhone 15&#8217;s weak initial response to production issues and competition from&nbsp;Huawei Technologies Co&#8217;s Mate 60 series.
However, challenges continue to lurk for iPhones from China&#8217;s domestic companies, like&nbsp;Vivo&#8217;s X200 Pro flagship, Huawei&#8217;s next-generation Mate device, and&nbsp;Xiaomi Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>) and&nbsp;Oppo&#8217;s upcoming offerings.
Lam also flagged the postponement of purchases by Chinese consumers until November&#8217;s Singles&#8217; Day to avail themselves of discounts from Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)&nbsp;and&nbsp;JD.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>).
Separate reports indicated Chinese online retailers PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) Pinduoduo and Alibaba&#8217;s Taobao doled out discounts on the iPhone 16 series ahead of its official release due to its <a target="_blank" href="https://www.benzinga.com/news/24/09/40785959/iphone-16-fails-to-sway-some-chinese-buyers-im-going-to-buy-huaweis-tri-fold-phone-missing-ai-featur" rel="noreferrer noopener">lack of AI features</a>, which will likely roll out for Chinese users in 2025.
Pinduoduo started selling the iPhone 16 Plus with 512 gigabytes of storage at a 10% discount from the official price. The 128GB iPhone 16 is being sold at an even steeper 11% discount.
Both Pinduoduo and Taobao marketplace have slapped a 4% discount on the 256GB version of the high-end iPhone 16 Pro Max. Tmall shopping platform also offers buyers the option to pay for a new Apple handset in 24 instalments without interest charges.
Kuo Ming-chi of TF International Securities <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3278855/apples-iphone-16-already-selling-discount-china-ai-delay-cools-demand" rel="noreferrer noopener">told</a> SCMP that the global pre-order sales for the iPhone 16 are down 13% compared to last year&#8217;s iPhone 15 launch, partly due to the absence of Apple Intelligence and intense competition in China.
International Data Corporation (IDC)&nbsp;had <a target="_blank" href="https://www.benzinga.com/news/24/08/40600289/apples-market-share-poised-to-gain-genai-and-iphone-16-lead-the-way-idc" rel="noreferrer noopener">projected a recovery</a> in the smartphone market, which was hampered by the supply chain crisis fueled by the 2020 pandemic outbreak in China.
IDC pointed to the success of generative AI in the upcoming iPhone 16 and Apple&#8217;s ability to establish local AI partnerships in China as potential growth factors. It forecasts that GenAI smartphones will capture 18% of the market by 2024, fueled by premium device trends.
Apple stock gained 39% in the last six months. Investors can gain exposure to the stock through Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) and Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
Price Action: AAPL stock traded higher by 1.79% at $236.30 premarket at the last check on Friday.
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Photo courtesy: Apple

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Apple iPhone 16 Sees 20% Sales Surge in China, But AI Absence Prompts Early Price Cuts

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Shares of US-listed Chinese stocks are trading higher after China's Sept. retail sales and industrial production data beat estimates.

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