Changes in Hong Kong stocks | JD Group-SW (09618) rose more than 5% in the morning, and the acquisition of Ceconomy was approved, and the company has continued to increase the European market since last year

The Zhitong Finance App learned that JD Group-SW (09618) rose by more than 5% in the morning. As of press release, it had risen 5.63% to HK$112.5, with a turnover of HK$580 million.

According to the news, on November 3, the European Commission conditionally approved JD's acquisition of German consumer electronics retailer Ceconomy in accordance with the “Foreign Subsidies Regulation” (FSR). According to reports, the deal was announced in July 2025, and JD issued a takeover offer to all Ceconomy shareholders in cash of 4.6 euros per share. Based on the quotation, Ceconomy's shares are worth about 2.2 billion euros.

It is worth mentioning that since 2025, JD has continued to increase its investment in the European market. In April of last year, JD announced that its European online retail business would launch investment for international brands and overseas brands in the baby and toy categories. In March 2026, JD launched the online retail brand Joybuy in Europe to further expand the retail and logistics supply chain layout in the European market. Previously, it was launched in the UK, Germany, the Netherlands, France, Belgium and Luxembourg markets. Furthermore, JD Logistics' own express delivery brand JoyExpress replicated JD's “211” speed to the European market.