$JD

Michael Burry disclosed long-term bullish bets on Microsoft (MSFT) with 2028 LEAP calls, added to JD.com (JD) and Adobe (ADBE), and covered half his Palantir (PLTR) short. He cited technical pressure driving markets, affecting Asian equities. Burry also mentioned potential investments in Meituan and Tencent. All mentioned stocks are down year-to-date, with MSFT down 27% and PLTR down 42%.

A report by ITU and WBA found that 50 largest digital companies generated 92% of sector's operational emissions in 2024, with top 10 emitting 163M tCO2e. Amazon led with 35M tCO2e, followed by China Mobile. US and Chinese firms dominated emissions and electricity use, with East Asia lagging in renewable energy adoption.

Chinese and Hong Kong-listed tech stocks fell on Thursday, with the CSI 300 index down nearly 1% and the Hang Seng index down 0.5%. Higher U.S. bond yields, including the 10-year Treasury yield at 5.12%, weighed on growth shares. Baidu (HK:9888) and Tencent (HK:0700) shares declined, along with chipmakers SMIC (HK:0981) and Hua Hong Semiconductor (HK:1347). U.S.-listed Chinese stocks also dropped, with Alibaba, Baidu, and JD.com seeing losses.

Alibaba (BABA) fell 4% after reports of a Beijing probe into AI startups DeepSeek and Moonshot AI, raising regulatory concerns. Baidu (BIDU) and JD.com (JD) also declined but less sharply. Alibaba recently unveiled new AI chips and data center plans at its Apsara conference, which initially boosted its stock. The probe, though not directly targeting Alibaba, has attached regulatory risk to the AI model layer, where Alibaba's Qwen competes.

JD.com, Alibaba, and Hengli Group topped China's 2026 Top 500 Private Enterprises list. Combined revenue of top 500 firms reached 44.93 trillion yuan, up 4.35% YoY. 110 companies reported over 100 billion yuan in revenue. Key sectors include retail, chemicals, and new energy vehicles.

JD Sports appointed John Mersho as North America CEO to drive growth in the region, which contributed 38% of group sales. The company also signed a deal to open over 140 stores in Mexico and manage its e-commerce there starting 2027.

JD Sports is entering Mexico via a franchise partnership with Axo, aiming to operate over 140 stores by 2027. The market is seen as a growth opportunity, with activewear expected to reach $10B by 2034, according to IMARC. Axo will manage JD's stores and ecommerce, leveraging its existing retail estate. Both companies highlight the alignment of JD's offerings with Mexican consumer trends.

Pony.ai and GAC Commercial Vehicle unveiled a L4 autonomous truck, planning mass production this year. Hesai and JD.com partnered on Physical AI, aiming to commercialize the technology. GAC Group plans to acquire FAW's stake in an automotive JV, pending approvals.

JD Cloud and Moore Threads will collaborate on a 100,000-GPU cluster for AI tasks, using Chinese hardware. This is the first such cluster hosted by a major domestic AI cloud provider, according to JD Cloud. Moore Threads, a chip maker, went public on the Shanghai Stock Exchange in December 2025.

JD.com Inc. announced an AI strategy focused on robotics and hardware, including a computing cluster with Moore Threads. The e-commerce firm aims to leverage its logistics network amid its first quarterly revenue decline, distinguishing itself from rivals Alibaba and Tencent.