A JD.com Logistics self-driving truck is displayed at China International Fair for Trade in Services in Beijing, China, May 28, 2019. REUTERS/Jason Lee
Shares of New York-listed JD are up 116% in 2020, smashing the gains of the S&P 500 and most Chinese technology peers including e-commerce rival Alibaba. A secondary Hong Kong listing in June helped, as has the company’s Amazon-like pandemic-resilient business. Investors are also pricing in boss Richard Liu’s more exciting ventures in financial technology and healthcare.
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