[ET Net News Agency, 8 January 2024] Macquarie lowered its target price for JD
Logistics (02618) to HKD9 from HKD9.1 and maintained its "neutral" rating.
The research house said it expects 4Q23E overall revenue to grow 8% yoy to RMB46bn, a
reflection of the sluggish macro environment and weak enterprise spending trends. (RC)