Core Viewpoint - J&T Express-W (01519) shares rose nearly 4% following the announcement of third-quarter package volume exceeding market expectations, with a positive outlook for profit recovery driven by anti-competition policies [1] Company Performance - In Q3, J&T Express reported a total package volume of 7.677 billion, a year-on-year increase of 23% [1] - The Southeast Asian package volume was particularly strong, growing by 78.7% to approximately 2 billion packages, surpassing both management and analyst expectations [1] Market Dynamics - The Southeast Asian express delivery market is entering a new development phase due to intensified platform competition and market share consolidation [1] - Continuous investment and deepening collaboration with e-commerce platforms have contributed to the high growth in new market volumes for the company [1] Pricing Trends - The express delivery industry has seen a sustained increase in prices due to anti-competition policies, which is expected to lead to profit recovery for the company in Q3 [1] - Since August, the ongoing anti-competition measures have resulted in rising delivery prices, with reports indicating that major express companies have increased their prices month-on-month [1]
港股异动 | 极兔速递-W(01519)涨近4% 三季度包裹量超市场预期 反内卷政策推动下公司利润有望修复