Iran vows to retaliate, pushing up oil prices. Will Hong Kong stocks escape unscathed? New businesses eroding profits. JD.com’s earnings struggle to save its stock price. (Welcome viewers to ask stock questions)

2026-03-06 00:46:50

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The Middle East conflict escalates. Iran’s foreign minister stated they will not seek a ceasefire with the United States and Israel. Iran also claimed that its naval aircraft attacked a US oil tanker in the northern Persian Gulf. Market concerns over oil supply have driven up oil prices, sparking inflation worries, and causing US stocks to fall sharply. After the sharp decline, are US markets still at risk? Hong Kong stocks are also struggling to escape?

JD.com (09618) Last quarter’s earnings turned from profit to loss, with a loss of about 2.7 billion RMB, marking the first red in nearly four years. Following the central government’s push for the “anti-involution” policy last year, there have been continuous discussions with food delivery platforms since the second half of the year. The food delivery war has significantly cooled down, but JD’s new business still recorded nearly 15 billion RMB in losses, becoming the main factor eroding profits. Is the earnings difficulty dragging down the stock price?

Independent analyst Wen Jie will join you at 9:00 AM today on “ET Market Opening Live” to discuss the market.

Live link: https://video.hket.com/video/4094129

If you have stock questions, feel free to WhatsApp 9613 3819 to leave a message; or post your questions in the program’s comment section.

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Editor in charge: Ye Miao

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