[Haitong International: JD.com's target price raised to $60, growth momentum is on track in the short term] According to Jinshi Data on October 16, Haitong International published a research report stating that JD.com's (JD.O) third-quarter total revenue is expected to reach 259.8 billion yuan, a year-on-year increase of 4.9% (originally expected to increase by 3.7%); adjusted net profit of 11.1 billion yuan, which means a year-on-year increase of 4%, in line with market expectations. As the government strengthens the home appliance trade-in program, it will drive positive growth in 3C and home appliance products. The bank believes that driven by the trade-in program, JD.com's growth momentum is on track in the short term, maintaining its "outperform" rating and raising its target price to $60. (Reprinted from: Jinshi Data)