On July 8, J&T Global Express rose 3.27% in regular trading, trading at HK$9.68/share, with turnover of HK$176 million. The stock gained momentum following the release of Q2 operational data.
The company published a voluntary announcement disclosing key operating metrics for Q2: total package volume reached 9.177 billion pieces, up 24.2% year-over-year. For the first half, cumulative package volume was 17.503 billion pieces, up 25.1% YoY. Southeast Asia delivered standout performance with Q2 package volume of 2.755 billion pieces, surging 63.2% YoY, with daily average volume reaching 30.3 million pieces. As of June 30, the company operated through approximately 6,400 network partners, down 200 from end of December. Additionally, the company recently announced integration into Alipay's AI ecosystem, while its share buyback plan of up to HK$2 billion continues, having repurchased over 11.15 million shares since June, providing multiple positive catalysts.
(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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