Guys
Below is an extract of product line sales from JD Com the second biggest ecommerce site in China. What will note is the current price (red) is considerably higher than the previous discount price. The discount price is blacked out, There is not one line with a discount. Moreover the stock is all available. That tells me two things demand is high and supply is fine. So much for the naysayers.
Discounting is All Gone! What does that tell you about China Demand
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Last
$6.59 |
Change
0.070(1.07%) |
Mkt cap ! $4.764B | |||
| Open | High | Low | Value | Volume |
| $6.56 | $6.67 | $6.55 | $10.14M | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13624 | $6.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.60 | 2000 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |