{
 "as_of": "2026-11-04",
 "cmr": "hk-cm-kg/HKEX/09618",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# JD-SW (Main Board: 09618) — research page\n\nAs of 2026-11-04 · hk-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is JD-SW, listed on the Main Board of the Hong Kong market under ticker 09618, with ISIN KYG8208B1014 and LEI 549300HVTWB0GJZ16V92. Its security type is Corporate and its jurisdiction is the Cayman Islands (KY). Segment and sector are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 22 filings in the twelve months to 2026-11-04, on 18 filing days. The median gap between filing days is 13 days. The latest filing is dated 2026-11-04, 0 days before the record date, and is of type agm_egm. By type the filings are 5 agm_egm, 11 announcement, 1 annual_report, 1 dividend, 1 interim_report and 3 results. Main Board peers hold a median of 46.0 filings, a median cadence gap of 9.0 days and a median latency of 2.0 days across 2,472 issuers. Sector peer figures are not on the record.\n\n## Auditor\n\nThe auditor of record is PricewaterhouseCoopers. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag is set to listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, with the chapter as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's own investor-relations page.\n\n## Open research\n\nTwo openly published research notes are on the record, both by Gelonghui Research: one dated 2025-03-10 and one dated 2025-08-15.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, and no earliest sealed date is recorded for the market. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/549300HVTWB0GJZ16V92 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.hk-cm-kg.ai/events/HKEX/09618 (the disclosure lines)\n- https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm (the halt flag)\n- https://ir.jd.com/annual-reports (the auditor)\n- https://mcp.hk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://img3.gelonghui.com/pdf/d0f74-e10ad2ba-26e9-49b2-94e4-7fb1487539e6.pdf (open research)\n- https://img3.gelonghui.com/pdf/d9705-ba6e02dc-30fc-42aa-86e6-42728b1d4acc.pdf (open research)\n- https://mcp.hk-cm-kg.ai/record/HKEX/09618 (the record)\n",
 "market": "HK",
 "node": "hk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-12",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the HK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-04",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "read by Perplexity (agent · low)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://ir.jd.com/annual-reports",
    "state": "filled",
    "value": "PricewaterhouseCoopers"
   },
   "auditor_firm_id": {
    "market": "HK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "HK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "hk-cm-kg/HKEX/09618",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [
    {
     "page": "https://ir.jd.com/analyst-coverage",
     "result": "not readable by this rail (403)"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2472,
     "median_cadence_gap_days": 9,
     "median_filings": 46,
     "median_latency_days": 2,
     "name": "Main Board"
    },
    "sector": {
     "market": "HK",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "agm_egm": 5,
    "announcement": 11,
    "annual_report": 1,
    "dividend": 1,
    "interim_report": 1,
    "results": 3
   },
   "cadence_median_gap_days": 13,
   "filing_days": 18,
   "filings": 22,
   "latency_days": 0,
   "latest": [
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/1104/2026110401524.pdf",
     "title": "DATE OF BOARD MEETING",
     "type": "agm_egm"
    },
    {
     "category": null,
     "date": "2026-08-13",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0813/2026081300917.pdf",
     "title": "ANNOUNCEMENT OF THE SECOND QUARTER AND INTERIM 2026 RESULTS",
     "type": "interim_report"
    },
    {
     "category": null,
     "date": "2026-07-31",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0731/2026073101121.pdf",
     "title": "DATE OF BOARD MEETING",
     "type": "agm_egm"
    },
    {
     "category": null,
     "date": "2026-06-05",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0605/2026060501146.pdf",
     "title": "NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS",
     "type": "agm_egm"
    },
    {
     "category": null,
     "date": "2026-05-18",
     "source": "https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0518/2026051800904.pdf",
     "title": "RECORD DATE FOR ANNUAL GENERAL MEETING OF SHAREHOLDERS",
     "type": "announcement"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/09618",
   "window": {
    "from": "2025-11-04",
    "to": "2026-11-04"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Main Board"
   },
   "isin": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "KYG8208B1014"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (legal jurisdiction)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/549300HVTWB0GJZ16V92",
    "state": "sourced",
    "value": "Cayman Islands (KY)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-04",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN KYG8208B1014)",
    "state": "sourced",
    "value": "549300HVTWB0GJZ16V92"
   },
   "name": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "JD-SW"
   },
   "sector": {
    "market": "HK",
    "reason": "HKEX publishes the industry classification per issuer on its website pages, not in the List of Securities (no page reads by order)",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "HK",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "HKEX List of Securities (ListOfSecurities.xlsx)",
    "read_date": "2026-11-04",
    "read_date_basis": "the record version as_of",
    "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx",
    "state": "sourced",
    "value": "09618"
   },
   "website": {
    "market": "HK",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "HK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "HK",
  "node": "hk-cm-kg",
  "numbers_hash": "sha256:38f61ec50a28929e7b142a7b869e1a8d761c3ab61ac553e1df76b44350c0ccad",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [
    {
     "date": "2025-08-15",
     "kind": "independent",
     "publisher": "Gelonghui Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://img3.gelonghui.com/pdf/d0f74-e10ad2ba-26e9-49b2-94e4-7fb1487539e6.pdf",
     "state": "sourced",
     "title": "2Q25 EARNINGS UPDATE JD.com, Inc. Retail Resilience Amid Heavy Food Delivery Investment and New Business Losses"
    },
    {
     "date": "2025-03-10",
     "kind": "independent",
     "publisher": "Gelonghui Research",
     "read_by": "the note's link answers (200 application/pdf); a document, not read as text",
     "read_date": "2026-11-12",
     "source": "https://img3.gelonghui.com/pdf/d9705-ba6e02dc-30fc-42aa-86e6-42728b1d4acc.pdf",
     "state": "sourced",
     "title": "INITIATION OF COVERAGE REPORT JD.com, Inc. Trade-In Program Fuels Double-Digit Growth"
    }
   ],
   "state": "found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.hk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.hk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1",
   "section": "hk.aio.v6"
  },
  "record": {
   "as_of": "2026-11-04",
   "url": "https://mcp.hk-cm-kg.ai/record/HKEX/09618",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-04",
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:38f61ec50a28929e7b142a7b869e1a8d761c3ab61ac553e1df76b44350c0ccad",
 "path": "/hk/HKEX/09618",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is JD-SW, listed on the Main Board of the Hong Kong market under ticker 09618, with ISIN KYG8208B1014 and LEI 549300HVTWB0GJZ16V92. Its security type is Corporate and its jurisdiction is the Cayman Islands (KY). Segment and sector are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 22 filings in the twelve months to 2026-11-04, on 18 filing days. The median gap between filing days is 13 days. The latest filing is dated 2026-11-04, 0 days before the record date, and is of type agm_egm. By type the filings are 5 agm_egm, 11 announcement, 1 annual_report, 1 dividend, 1 interim_report and 3 results. Main Board peers hold a median of 46.0 filings, a median cadence gap of 9.0 days and a median latency of 2.0 days across 2,472 issuers. Sector peer figures are not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is PricewaterhouseCoopers. Its location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag is set to listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/hk/suitability-sfc-code-of-conduct-paragraph-5-2/r1, with the chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's own investor-relations page.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "Two openly published research notes are on the record, both by Gelonghui Research: one dated 2025-03-10 and one dated 2025-08-15.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, and no earliest sealed date is recorded for the market. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.hkex.com.hk/eng/services/trading/securities/securitieslists/ListOfSecurities.xlsx"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/549300HVTWB0GJZ16V92"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.hk-cm-kg.ai/events/HKEX/09618"
  },
  {
   "for": "the halt flag",
   "source": "https://www.hkex.com.hk/eng/stat/smstat/dayquot/d261104e.htm"
  },
  {
   "for": "the auditor",
   "source": "https://ir.jd.com/annual-reports"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.hk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "open research",
   "source": "https://img3.gelonghui.com/pdf/d0f74-e10ad2ba-26e9-49b2-94e4-7fb1487539e6.pdf"
  },
  {
   "for": "open research",
   "source": "https://img3.gelonghui.com/pdf/d9705-ba6e02dc-30fc-42aa-86e6-42728b1d4acc.pdf"
  },
  {
   "for": "the record",
   "source": "https://mcp.hk-cm-kg.ai/record/HKEX/09618"
  }
 ],
 "title": "JD-SW (09618) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}