HK Stock Market Move | J&T EXPRESS-W(01519) is now up more than 4%. The company has been included in the MSCI China Index and will take effect at the end of this month.

J&T EXPRESS-W(01519) is currently up more than 4%, rising by 4.65% to 6.53 Hong Kong dollars as of the time of publication, with a trading volume of 46.357 million Hong Kong dollars. On the news front, MSCI announced the results of its February index review. The MSCI China Index will include 8 new stocks such as JT Express and remove 20 stocks. The adjustments will take effect after the closing on February 28th. Analysts point out that as the MSCI China Index is embedded in the MSCI Emerging Markets Index, stocks entering the MSCI China Index mean they are included in the MSCI Global Standard Index Series, attracting a large amount of passive capital tracking. JT Express previously announced that the company achieved a total parcel volume of 7.39 billion in the fourth quarter of 2024, a year-on-year increase of 32.5%. The company achieved a total parcel volume of 24.65 billion in 2024, a year-on-year increase of 31%. Huatai stated that overseas, the expansion of cross-border e-commerce and local e-commerce, coupled with an increase in e-commerce penetration, is driving high growth and high single-ticket profitability in the express industry, contributing to JT's earnings for CKH HOLDINGS; domestically, China is the world's largest express market with a large volume of parcels and high performance sensitivity. As a rising star, JT Express is seizing the growth opportunities in social e-commerce and is expected to continue narrowing the gap with leading companies and establish a strong foothold in the domestic market.