JD.Com Inc’s stock price has risen significantly, driven by optimism surrounding China’s economic stimulus measures and positive economic data. The People’s Bank of China’s aggressive monetary easing, including a reserve requirement ratio cut and interest rate reductions, has boosted investor confidence. Stronger-than-expected September PMI data, despite a slight decline in factory activity, further fueled this optimism. JD.com, as a key player in China’s e-commerce landscape, is benefiting from this positive sentiment.
