Core Viewpoint - CITIC Securities believes Jitu Express (01519) can maintain a stable EBIT of $0.07 per order in its Southeast Asia operations, supported by economies of scale and rapid growth outside the Shopee platform [1] Group 1: Southeast Asia Operations - Management expects to sustain a stable EBIT of $0.07 per order in Southeast Asia [1] - The company aims to expand its market share through economies of scale and growth in non-Shopee platforms [1] Group 2: China Market Strategy - In the competitive Chinese market, Jitu Express aims to maintain a relatively stable market share [1] - Price increases since August in most provinces are anticipated to alleviate profitability pressures in China [1] Group 3: Future Outlook - CITIC Securities is optimistic about Jitu Express's overseas expansion and potential rebound in its Chinese operations [1] - The firm reiterates a "outperform" rating for Jitu Express [1]
中信里昂：看好极兔速递(01519)海外扩展及中国反弹 重申“跑赢大市”评级