Trump Pauses Tariff On Millions Of Small Packages Arriving From China
【Brokerage Focus】Bank of America Securities: The overall growth of the Express Industry is consistent with high-frequency data.
Jinwu Financial News | Bank of America Securities released a research report indicating that in December, the package volumes of Zhongtong (ZTO), Yuantong (YTO), Yunda (Yunda), Shentong (STO), Jitu (J&T), Shunfeng (SF), JD.com Logistics (JDL), and Cainiao increased year-on-year by 18.6%, 23.5%, 18.9%, 31.7%, 30.9%, 19.5%, 40.1%, and 17.4%, respectively. The overall industry growth aligns with high-frequency data, and some companies, such as JD.com Logistics, Jitu Express, and Shentong, have seen an increase in market share compared to the previous year. In terms of year-on-year comparison, Shentong and Yuantong.
Liu Qiangdong joins the 'gift-giving war'.
Spring Festival promotion.
Preview of the adjustment of the China International Capital Corporation's Hong Kong Stock Connect and the Hang Seng Index: 24 companies are expected to be included in the Hong Kong Stock Connect, while 27 may be removed.
CITIC Securities pointed out that 24 companies, such as China Resources Beverage (02460) and KE Holdings (02423), are expected to be included in the Hong Kong Stock Connect, while 27 companies may be removed.
Analysis of US stock IPOs | How can Tiancheng Zhilian (ELOG.US), which transitioned from the National Equities Exchange and Quotations to Nasdaq, break through the significant obstacles in profit release?
Can Tiancheng Zhiliang achieve a higher valuation on Nasdaq in another Capital Market?
China Logistics and Purchasing Federation: The e-commerce logistics Index for December 2024 is 112.7 points, a decrease of 2.8 points compared to the previous month.
The overall Logistics Business volume Index of e-commerce has somewhat decreased. In December, the overall Logistics Business volume Index for e-commerce was 130.9 points, a drop of 3.2 points from the previous month.
Nomura Adjusts JD Logistics' Price Target to HK$15.70 From HK$17.80, Keeps at Buy
[Brokerage Focus] Citigroup cuts JD.com Logistics (02618) Target Price by 5.26%. Net income margin for last year's fourth quarter is expected to be lower than previously anticipated.
Gold Wo Financial News | Citigroup's Research Reports indicate that JD.com's Logistics (02618) is expected to announce its fourth-quarter results for 2024 in early March 2025. The bank predicts that its revenue will grow by 7% year-on-year to 50.5 billion yuan, which is roughly in line with Bloomberg's expectation of 50 billion yuan. Due to factors such as market share expansion, sales personnel incentives, and increased capacity, despite being the peak season, the net income margin (NPM) for the fourth quarter of 2024 may contract on a quarter-on-quarter basis, expected to be 4.2%, lower than previous expectations, while the adjusted profit is around 1.9 billion yuan, higher than the market's general expectation of 1.7 billion yuan. The bank
JD Logistics Grants Over 7 Million Employee Shares
Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
Market Chatter: JD.com Buys Two Warehouses in Japan for 35 Billion Yen
JD Logistics Opens First Self-operated Overseas Warehouse in Japan
SWHY: Initiated JD.com Logistics (02618) with a "Buy" rating. The integrated supply chain is迎来 expansion opportunities.
JD.com's Logistics industry reputation and brand can compete with SF Express.
JD Logistics Unveils International Business Development Roadmap to Enable 2-3 Day Delivery in Dozens of Overseas Markets in 2025
【Brokerage Focus】Industrial Securities maintains a "Shareholding" rating on JD.com Logistics (02618), indicating its potential to boost revenue growth through increased Transportation route density.
Jingu Financial News | Industrial Securities pointed out that JD.com Logistics (02618) will acquire the remaining 36.43% of shares in KuaYue for no more than 6.484 billion yuan. After this acquisition, JD.com Logistics will hold 100% of KuaYue Express. This acquisition will be paid in three phases, each consisting of a base consideration plus profit payment. The base consideration is calculated based on a price-to-earnings ratio of 15 times the base profit, with the base profit for 2023 being 0.83 billion Net income, for 2024 being 0.892 billion Net income, and for 2025 being 9.59.
Major banks rating | Citibank: The acquisition of the remaining equity of Kuaixun Logistics by jd.com is positive, maintaining a 'buy' rating.
Citibank published a research report indicating that jd.com's logistics announced an investment of up to 6.484 billion yuan to acquire the remaining 36.43% stake in Kuayue Express. The trade includes a price adjustment mechanism linked to performance, aiming for Kuayue Express to record profits of 2.15 billion and 2.35 billion yuan in the next two years. If the profits meet expectations, the pe will reach 8.3 and 7.6 times respectively. Citibank believes the trade valuation is reasonable, and the acquisition has a positive impact on jd.com’s logistics. The outlook for Kuayue Express's profitability is positive, which could also enhance jd.com’s logistics profitability and freight capacity. The recommendation for jd.com’s logistics is to "buy" with a target price of 19 Hong Kong dollars corresponding to the forecast of 20.
JD.com's Subsidiary to Acquire Further 36% Stake in Kuayue-Express Group
Frost & Sullivan: Gives jd.com logistics (02618) a "buy" rating with a target price of 18.5 Hong Kong dollars.
jd.com logistics maintains its financial guidance unchanged and does not expect to increase expenditure due to acquisitions, with capital expenditure percentage expected to remain around 3% to 4%.
JD Logistics' Kuayue Express Acquisition Likely to Strengthen Operations -- Market Talk
Hong Kong Stock Market Morning Report on December 9: Jianyin International expects the central volatility of Hong Kong stocks to rise next year, and the Hong Kong Monetary Authority will strengthen financial cooperation with the Saudi Central Bank.
① cnbm plans to repurchase over 0.8 billion H shares at a premium, involving an investment of 3.4 billion Hong Kong dollars. ② Anti-government forces in Syria have invaded the capital Damascus, declaring the fall of the Syrian government. ③ Jianyin International expects the Hang Seng Index to fluctuate in the range of 18,000 to 23,000 points next year. ④ The Hong Kong Monetary Authority is having in-depth discussions with the Saudi Central Bank on strengthening financial cooperation between the two regions.