HK Stock Market Move | JD LOGISTICS (02618) rose by over 7% and will officially turn blue starting on September 8th.

JD LOGISTICS (02618) rose more than 7%, rising 7.01% by the time of writing to 13.9 Hong Kong dollars, with a trading volume of 3.04 billion Hong Kong dollars. On the news front, after the market close on August 22, Hang Seng Index Company announced the results of its regular semi-annual index adjustments, with JD LOGISTICS being added to the Hang Seng Index constituent stocks, increasing the number of constituent stocks from 85 to 88. The changes will be implemented after the market closes on September 5 and will take effect from September 8. Zheshang's recent research report pointed out that as a leading company in the integrated supply chain industry, JD LOGISTICS has continuously increasing business volume, with scale effects gradually becoming evident. In addition, with JD LOGISTICS joining forces with Taotian and JD Group adding food delivery services, the company's revenue is expected to further improve.