Movement Alert|JD Logistics Rises 3.49% in Regular Trading, Consecutive Large-Scale Buybacks Boost Market Confidence

Market Focus06-01

On June 1, JD Logistics rose 3.49% in regular trading, trading at HK$13.37/share, with trading volume of HK$89.63 million.

On the news front, the company has conducted share buybacks for nine consecutive trading days since May 15, cumulatively repurchasing approximately 13.95 million shares at a total cost of around HK$189 million. Notably, on May 29, the single-day buyback scale expanded significantly, with the company spending approximately HK$96.59 million to repurchase 7.496 million shares — roughly triple the amount of previous days. This aggressive buyback pace signals management's recognition of the company's undervaluation and provides near-term support for the share price.

Within the Air Freight & Logistics sector, individual stocks showed mixed performance. Among peers, SF Intra-City rose 1.68%, Sinotrans rose 1.63%, SF Holding rose 1.34%, J&T Express rose 0.89%, while ZTO Express fell 0.29%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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