HK Stock Market Move | J&T EXPRESS-W(01519) up more than 6%, annual parcel volume increased by 31% year-on-year, with impressive growth in the Southeast Asian market.

J&T EXPRESS-W(01519) rose over 6%, as of the time of writing, it increased by 6.01%, closing at 6.17 Hong Kong dollars, with a turnover of 21.6063 million Hong Kong dollars. In terms of news, J&T Express recently announced the main operating data for the fourth quarter and full year of 2024. In the fourth quarter of 2024, the company achieved a total parcel volume of 7.39 billion pieces, an increase of 32.5% year-on-year, with a daily average parcel volume of 80.3 million pieces. In the full year of 2024, the company achieved a total parcel volume of 24.65 billion pieces, a year-on-year increase of 31%, with a daily average parcel volume of 67.3 million pieces, a year-on-year increase of 30.7%. In the Chinese market, the parcel volume in the fourth quarter of 2024 reached 5.91 billion pieces, an increase of 27.4% year-on-year; for the full year, the parcel volume reached 19.8 billion pieces, an increase of 29.1% year-on-year. In Southeast Asia, J&T Express achieved a parcel volume of 1.4 billion pieces in the fourth quarter of 2024, an increase of 62.5% year-on-year; for the full year, the parcel volume reached 4.56 billion pieces, an increase of 40.8%, far exceeding market expectations for the industry parcel volume.