JD.com hits 4-mth high as chairman pledges no price war in hospitality push
PositiveFinancial Markets

JD.com has reached a four-month high in its stock price following a commitment from its chairman to avoid price wars in the hospitality sector. This pledge is significant as it signals a strategic shift towards sustainable growth rather than aggressive competition, which could benefit the overall market and enhance consumer trust. Investors are responding positively, seeing this as a move that could stabilize prices and improve profitability in the long run.
— Curated by the World Pulse Now AI Editorial System