JD.com Shares Jump 6% as Burry Boosts Stake Amid China Rally

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2026-04-15 00:33:02

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JD.com surged 6% after Michael Burry's Scion Asset Management increased its position in the Chinese e-commerce giant. The move coincides with a broader rebound in Chinese equities as trade tensions show signs of easing.

The company strengthened its balance sheet with a CNY 10 billion senior notes offering while raising its annual dividend by 32% to $1.00 per share. Analysts maintain a 'Moderate Buy' rating with a $36.36 price target, suggesting 20% upside from current levels.

'When a contrarian like Burry doubles down, markets notice,' said Zhang Wei, a Hong Kong-based tech analyst. JD's debt-to-equity ratio of 0.21 and current ratio of 1.22 indicate prudent financial management during sector volatility.

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