On June 29, JD.com (09618.HK) rose 3.39% in regular trading, trading at HK$99.95 per share with turnover of HK$25.38 million, rebounding from a seven-session losing streak.

On the news front, renowned investor Michael Burry, the real-life inspiration behind The Big Short, publicly disclosed on June 26 that he sold his Alibaba holdings to buy more JD.com shares, while also increasing his positions in Fiserv and Adobe. He additionally purchased Microsoft long-dated call options expiring December 2028. The endorsement from the high-profile contrarian investor provided a clear sentiment boost for JD.com.

Multiple additional tailwinds supported the rebound. JD.com launched JoyRobocare robot repair services across Europe, establishing maintenance centers in the UK and Germany with mobile repair units covering major cities in France and the Netherlands. The company also signed a strategic partnership with Magic Atom targeting RMB 1 billion in embodied intelligence robot sales on its platform. Furthermore, JD.com was ranked 16th in Gartner's Global Supply Chain Top 25, up from 22nd last year, marking its third consecutive year on the list as China's sole retail representative.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)