STOCKS | JD.com Says 618 Festival Sees 300% Jump in High-End Phone Sales Value

JD.com (9618) said its 618 shopping festival has concluded, with 3C digital products emerging as a key consumption hotspot. According to Ming Pao, JD.com data showed transaction value for high-end smartphones rose 300% year on year, while high-end thin-and-light laptops increased 100%, and AI-related 3C digital products also grew 100%. JD.com said transaction value for smart digital brands including DJI, Insta360 and Creality (3388) nearly doubled, while Loklik recorded growth of more than sixfold.