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The MSCI Chinese Index has newly included J&T Express (01519) and 8 other Stocks.
Jingwu Financial News | MSCI announced the results of the index review for February. The MSCI Chinese Index added Bestechnic (Shanghai) Co., Ltd., China National Agricultural Development Group, Canadian Solar, J&T Express (01519), Jiangsu Hoperun Software, JinkoSolar, Sichuan Changhong Electric, and Yonghui Superstores, while it removed Anjoy Foods Group, Autobio Diagnostics, Bloomage Biotechnology Corporation Limited, Asymchem Laboratories (06821), Shan Xi Hua Yang Group New Energy, and 20 other Stocks. The adjustments will take effect after the close on February 28.
This J&T Global Express Insider Increased Their Holding In The Last Year
Jitu has used a Drone for the first time to transport Fengjie navel oranges, with a daily average collection volume increasing by over 40%.
On the eve of the Spring Festival, Chongqing Fengjie navel oranges are once again entering the sales peak season. To accommodate the rapidly increasing Business volume, Jitu Express is using Drones for the first time to collect navel oranges in mountainous areas, ensuring that fresh navel oranges reach Consumers as quickly as possible. Drones empower delivery services to help farmers save about 40% of costs. Fengjie navel oranges are favored by Consumers, but their production areas are mostly located in mountainous regions with complex terrain and inconvenient transportation. Traditional Transportation methods face many challenges in the collection stage, not only due to high labor costs but also because navel oranges are prone to damage during transport. In response to the challenge of the 'first mile,' Jitu is actively exploring innovations in the low-altitude economy field, focusing on Chongqing.
Jitu Express - W [01519] currently reports at 6.07 Hong Kong dollars, a decrease of 5.16%.
As of 14:52, Jitu Express - W [01519] is reported at 6.07 HKD, down 0.33 HKD or 5.16% from yesterday's closing price of 6.4 HKD, with a trading volume of 62.3281 million HKD. Today's highest price is 6.39 HKD, and the lowest price is 6.07 HKD. Based on yesterday's closing price, the 10-day average price is 6.32 HKD and the 50-day average price is 6.04 HKD. The current PE is -3.11 times, and the 14-day relative strength index is reported at 55.60.
【Brokerage Focus】Bank of America Securities: The overall growth of the Express Industry is consistent with high-frequency data.
Jinwu Financial News | Bank of America Securities released a research report indicating that in December, the package volumes of Zhongtong (ZTO), Yuantong (YTO), Yunda (Yunda), Shentong (STO), Jitu (J&T), Shunfeng (SF), JD.com Logistics (JDL), and Cainiao increased year-on-year by 18.6%, 23.5%, 18.9%, 31.7%, 30.9%, 19.5%, 40.1%, and 17.4%, respectively. The overall industry growth aligns with high-frequency data, and some companies, such as JD.com Logistics, Jitu Express, and Shentong, have seen an increase in market share compared to the previous year. In terms of year-on-year comparison, Shentong and Yuantong.
Hong Kong stock Concept tracking | The express delivery industry in China continues to develop positively. The express delivery Sector is currently still in the undervalued Range (with related Concept stocks attached).
The State Post Bureau: In December 2024, China's Express Development Index is 469.8, an increase of 17.2% year-on-year.
