JD.com's (NASDAQ: JD) stock price rose 3% on Aug. 23 after the Chinese e-commerce giant posted its second-quarter earnings report. Its revenue rose 5% year over year to 267.6 billion yuan ($40 billion), which beat analysts' estimates by $1.4 billion.
Its adjusted net income increased 40% to 6.5 billion yuan ($969 million), or $0.61 per ADS, which also cleared the consensus forecast by $0.20. JD's growth rates look stable, but let's review the bear and bull cases to see if its stock is worth buying in this challenging market for Chinese equities.
Image source: JD.com.
Source Fool.com