Core Viewpoint - Daiwa's report indicates that J&T Express-W (01519) exceeded expectations in Q4 last year for growth in Southeast Asia and new markets, driven by increased online sales penetration and platform investments [1] Group 1: Company Performance - J&T Express's Q4 package volume growth surpassed expectations, prompting an upward revision of the package volume growth forecast for this year in Southeast Asia and new markets from 25%-30% to 30%-35% [1] - The company’s earnings per share forecast for 2025 to 2027 has been raised by 4% to 37% [1] Group 2: Market Outlook - Daiwa maintains a "Buy" rating on J&T Express, raising the target price from HKD 12.5 to HKD 14.5 [1] - The average price pressure in China is expected to ease [1]
大和：重申极兔速递-W(01519)“买入” 评级 上调目标价至14.5港元