Chinese Concept Stocks | JD.com Founder Delivers Orders Amidst Stock Dip

On April 21st (Monday), Eastern Time, the three major U.S. stock indexes plummeted collectively. The S&P 500 Index fell by 2.36% to 5158.20 points; the Dow Jones Index dropped by 2.48% to 38170.41 points; and the Nasdaq Index decreased by 2.55% to 15870.90 points.

On April 21st, the Nasdaq Golden Dragon China Index rose by 0.20%.

Regarding popular Chinese stocks, NIO increased by 1.99%, Alibaba went up by 1.17%, NetEase rose by 0.92%, Pinduoduo by 0.72%, and Baidu by 0.47%. XPeng Motors remained unchanged, while TSMC fell by 2.55%, JD.com by 1.90%, and Bilibili by 0.12%.

In terms of stocks experiencing consecutive gains, NetDragon Websoft increased by 0.09% over 11 consecutive days, with a cumulative increase of 11.94%. DayDayCook rose by 2089.35% over 10 days, achieving a 2089.35% increase. Tiger Technology climbed 3.37% over 7 days, with a 52.32% rise. Smart Powerr increased by 3.30% over 7 days, reaching a 30.34% rise. Jinko Solar rose by 0.99% over 6 days, achieving a 17.87% increase. Evergrande Medicine went up by 2.29% over 6 days, with a 22.94% rise. Four Seasons Education increased by 0.14% over 6 days, with a 16.17% rise.

For stocks experiencing consecutive declines, Sound Group decreased by 0.19% over 5 consecutive days, with a cumulative decrease of 5.07%. Meihua International dropped by 7.12% over 5 days, with a 10.31% decrease. JD.com fell by 1.90% over 4 days, reaching a 10.79% decline. XPeng Motors decreased by 0.11% over 4 days, with a 13.66% drop. Amer Sports fell by 2.26% over 4 days, with a 4.79% decline. BOSS Zhipin dropped by 2.01% over 4 days, reaching a 6.33% decrease. Zeekr decreased by 3.16% over 4 days, with a 14.03% drop. Xinye Technology fell by 1.82% over 4 days, reaching an 11.68% decline. Pony.ai dropped by 6.70% over 4 days, with a 22.30% decrease. Opera Browser decreased by 3.77% over 4 days, with an 8.19% decline. Daqo New Energy fell by 5.74% over 4 days, reaching a 9.20% decline. Aihuishou dropped by 6.54% over 4 days, with an 11.50% decrease. Chong Lian Group decreased by 13.17% over 4 days, with a 24.08% decline. UCloudlink fell by 2.04% over 4 days, with a 3.52% decline. LakePharma dropped by 7.17% over 4 days, with a 27.27% decrease. Haoxin Holdings fell by 16.19% over 4 days, with a 56.00% decline. Jiayuda dropped by 35.56% over 4 days, with a 50.38% decrease. Dingxin Holdings decreased by 8.49% over 4 days, with a 17.09% decline. Flagship Auto fell by 5.91% over 4 days, with a 10.25% decrease. Shanyou HVAC dropped by 14.29% over 4 days, with a 27.42% decline. Jingsheng Amusement decreased by 8.31% over 4 days, with a 25.17% decline. Bit Origin fell by 9.52% over 4 days, with an 18.23% decrease. Antelope Holdings dropped by 4.44% over 4 days, with a 24.56% decline. Angomon decreased by 5.76% over 4 days, with a 19.42% decline.

Liu Qiangdong personally delivers food and invites delivery riders for a hot pot meal
On the evening of April 21, a Beijing consumer shared a photo on social media with JD.com founder Liu Qiangdong, who was dressed in JD.com delivery rider uniform, holding food delivery, suggesting his participation in JD.com's frontline delivery service. In the evening, a JD.com delivery rider posted a short video on social media saying, "After returning from delivery, I got to enjoy a hot pot meal courtesy of Dong Ge, which instantly warmed me up." In the video, Liu Qiangdong gathered many JD.com delivery riders for a hot pot meal, expressing, "It's very nice to meet everyone today, and I also delivered a few orders this afternoon."

Liu Qiangdong personally delivers food and takes a warm photo with a consumer
A Beijing consumer shared a photo on social media with JD.com founder Liu Qiangdong, who was dressed in JD.com delivery rider uniform, holding food delivery, suggesting his participation in JD.com's frontline delivery service. The consumer captioned the photo, "Received the first delivery from Dong Ge, such an honor, and got to experience the service from a billionaire. Wishing JD.com a prosperous business!"

Ant Group establishes "Dual Centers" in Guangzhou
On April 21, during the Canton Fair, Ant Group's South China Digital Operation Center and WorldFirst's Cross-border Trade Operation Center were officially launched in Pazhou. It is reported that in May 2024, the Guangzhou Municipal People's Government and Ant Group signed a strategic cooperation agreement to deepen cooperation in digital finance, cross-border payments, and technological innovation. Meanwhile, WorldFirst, a subsidiary of Ant International, continues to strengthen its presence in the Chinese market by setting up a cross-border trade operation center in Guangzhou, forming a "Dual Center" strategic layout with the South China Digital Operation Center, fully committed to promoting high-quality development of the digital economy in the Greater Bay Area.

Ant Group establishes Lingzhi Wisdom Technology Company in Guangzhou with a registered capital of 100 million
According to Tianyancha App, recently, Guangzhou Lingzhi Wisdom Technology Co., Ltd. was established with Zhang Junjie as the legal representative and a registered capital of 100 million RMB. Its business scope includes advertising publishing, information technology consulting services, big data services, information system operation and maintenance services, information system integration services, and network technology services. The equity penetration chart shows that the company is wholly owned by Shanghai Yunxin Venture Capital Co., Ltd., a wholly-owned subsidiary of Ant Group.

JD.com: Starting today, all food delivery orders delayed over 20 minutes will be free
On April 21, JD.com Group issued an open letter stating that recently, a competitor's platform forced part-time delivery riders to choose between them, causing sudden incidents that led to delays in some JD.com platform delivery orders, resulting in a poor user experience. Starting today, all delivery orders delayed over 20 minutes will be free of charge. JD.com also announced an increase in full-time rider recruitment, raising recruitment from 50,000 to 100,000 over the next three months, and promised that part-time riders will never be forced to choose between platforms.