JD.com Stock Rises After Earnings Beat Expectations. Why That's a Good Sign for China. - Barron's
1. JD.com's earnings exceeded expectations, with a profit of 9.9 billion yuan. 2. Revenue growth suggests recovery in Chinese consumer spending. 3. Government is urging local consumption to boost economic growth. 4. Other major Chinese stocks also benefitting from JD's success. 5. China's economy faces challenges from property market and tariffs.