Core Viewpoint - J&T Express-W (01519) has seen a stock price increase of over 5% despite market conditions, currently trading at 9.57 HKD with a transaction volume of 114 million HKD. The company announced a plan to repurchase up to 10% of its B shares, which are undervalued compared to the group's performance and intrinsic value. The company aims to solidify its market position in Southeast Asia and China while expanding into new markets [1][1][1]. Group 1 - The board of J&T Express-W has approved a plan to exercise a general authorization for the repurchase of B shares, as granted by shareholders at the upcoming annual general meeting on June 18, 2025 [1][1][1]. - The company is focused on becoming a global logistics service provider, with a particular emphasis on the Southeast Asian and Chinese markets to strengthen its market position [1][1][1]. Group 2 - According to Citic Securities, the management of J&T Express believes that the Southeast Asian business can maintain a stable unit EBIT of 0.07 USD per order, and the company aims to expand its market share through economies of scale and rapid growth outside the Shopee platform [1][1][1]. - In the Chinese market, the management's goal is to maintain a relatively stable market share amid intense competition. The firm expects that price increases since August will help alleviate profitability pressures in China [1][1][1]. - Citic Securities expresses optimism regarding J&T Express's overseas expansion and the potential rebound of its Chinese business [1][1][1].
港股异动 | 极兔速递-W(01519)逆市涨超5% 拟回购不超过10%公司B类股份 机构看好公司海外市场份额扩张