* 中国电商巨头--京东集团港股9618.HK周五早盘一度劲升5.2%，花旗称去年四季度业绩超预期并提高美股目标价。
* 恒生科技指数.HSTECH涨1.3%。
* 经历了持续大半年的“外卖战”，京东去年四季度业绩黯然，营收同比微增，经调整净利润则同比骤降九成；随着监管层持续加力“反内卷”，行业竞争或更趋理性，在此情况下京东目标今年降低外卖总投入。
* 投行花旗称，京东2025年第四季度业绩超预期。展望2026年，京东管理层预计外卖业务亏损将收窄，但国际业务扩张及下沉市场京喜业务的投入会有所增加。尽管去年利润下滑，但考虑到当前估值具备吸引力，且管理层承诺通过14亿美元回购及分红回馈股东，维持买入评级，将其美股JD.O目标价由34美元上调至35美元。（完）
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(发稿 崔珠珠；审校 林高丽)
((zhuzhu.cui@thomsonreuters.com; +86-21-20830048;))
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