Core Viewpoint - The express delivery company Jitu Express (极兔速递-W) has seen its stock price rise over 4% following news of price increases in the Shanghai region, indicating a potential recovery in the express delivery market driven by anti-competitive measures and price stabilization efforts [1] Company Summary - Jitu Express's stock rose by 4.21%, reaching HKD 9.91, with a trading volume of HKD 164 million [1] - The company, along with four others, announced a price increase for express delivery services in Shanghai effective from September 22, 2025, as part of a broader industry effort to combat low-price competition [1] Industry Summary - The price increase in express delivery services follows similar adjustments in Guangdong and Zhejiang, with over 80% of the market share in China having announced price hikes [1] - According to Zheshang Securities, the express delivery industry has seen a slight recovery in prices since August, with major listed companies reporting significant improvements in single-package revenue [1] - The upcoming peak season for the express delivery industry may lead to further increases in delivery fees, providing support for express delivery prices [1] - The anti-competitive pricing measures are expected to enhance the earnings elasticity for Jitu Express, potentially leading to better-than-expected profit recovery in the second half of the year [1]
极兔速递-W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