🟢 JD.com (JD) Rises 4.5% on Strong 618 Festival Start and Broader China Tech Rally

JD.com Inc is trading 4.5% up at $30.39 amid positive company updates and a broader rally in U.S.-listed Chinese stocks.

• The company announced a strong start to its annual 618 Grand Promotion, which began on May 30, with robust growth in the initial hours across multiple categories.
• JD.com also launched China's first online departure tax refund service, enhancing the shopping experience for international visitors.
• The stock's advance is also supported by a wider positive sentiment for Chinese ADRs, with peers like Alibaba and Li Auto also trading significantly higher during the session.