J&T Global's Share Price May Be Volatile -- Market Talk

Dow Jones03-25

0400 GMT - J&T Global Express's share price is likely to be volatile in the coming months, say CCB International analysts Li Rong and Katherine Li in a note. The delivery company's stock trading volume has been relatively thin since its IPO in October last year, but could increase in the near term as the IPO lock-up period is approaching an end, they say. The sector's market competition in Southeast Asia and China is also likely to stay intense, they add. CCB International keeps an outperform rating but cut the stock's target price to HK$12.65 from HK$14.70. Shares are 1.05% lower at HK$11.30. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

March 25, 2024 00:00 ET (04:00 GMT)

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CCB International keeps an outperform rating but cut the stock's target price to HK$12.65 from HK$14.70. Shares are 1.05% lower at HK$11.30. 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The delivery company's stock trading ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014674.SGD","symbol_name":"Nikko AM All China Equity A SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2422588175","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422588175","pubTimestamp":1711339200,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0400 GMT - J&T Global Express's share price is likely to be volatile in the coming months, say CCB International analysts Li Rong and Katherine Li in a note. The delivery company's stock trading volume has been relatively thin since its IPO in October last year, but could increase in the near term as the IPO lock-up period is approaching an end, they say. The sector's market competition in Southeast Asia and China is also likely to stay intense, they add. CCB International keeps an outperform rating but cut the stock's target price to HK$12.65 from HK$14.70. Shares are 1.05% lower at HK$11.30. 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The delivery company's stock trading volume has been relatively thin since its IPO in October last year, but could increase in the near term as the IPO lock-up period is approaching an end, they say. The sector's market competition in Southeast Asia and China is also likely to stay intense, they add. CCB International keeps an outperform rating but cut the stock's target price to HK$12.65 from HK$14.70. Shares are 1.05% lower at HK$11.30. 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