Core Viewpoint - The express delivery company Jitu Express-W (01519) has seen its stock price increase by over 4%, reaching HKD 9.91, with a trading volume of HKD 164 million. This rise is attributed to the upcoming price adjustments in the Shanghai region following similar increases in Guangdong and Zhejiang provinces, indicating a trend towards price recovery in the express delivery industry [1]. Industry Summary - Following the announcement of price increases in various provinces, including Guangdong and Zhejiang, the Shanghai region is set to raise its express delivery prices starting September 22, 2025. This decision is part of a broader initiative to combat "involution" in the industry and stabilize market order [1]. - According to Zheshang Securities, over 80% of the market share in China has announced price increases. The express delivery industry has seen a slight recovery in prices since August, with major listed companies reporting significant improvements in single-package revenue. The upward trend in prices is expected to continue into September [1]. - The upcoming seasonal transition in the express delivery industry, coupled with the anticipated peak season, may lead to further increases in delivery fees. The price hikes are expected to have a sustainable impact, providing support for express delivery prices [1]. - The price adjustments resulting from the anti-involution measures in the Chinese market are likely to enhance the earnings elasticity for Jitu Express, with expectations for a significant recovery in profitability in the second half of the year [1].
港股异动 | 极兔速递-W(01519)涨超4% 上海地区收件价格迎来上调 机构看好反内卷提价带来业绩弹性