HK Stock Market Move | JIANGSU EXPRESS (00177) rises nearly 2%; net profit attributable to shareholders for the first three quarters was RMB3.853 billion; the company continues to reduce expenses.

JIANGSU EXPRESS (00177) rose nearly 2%, up 1.18% as of press time at HK$11.14, with turnover of HK$16.9666 million. On the news front, JIANGSU EXPRESS recently released its results for the first three quarters of 2026, with operating revenue of RMB15.396 billion, up 18.6% year on year; net profit attributable to shareholders of the listed company of RMB3.853 billion, up 0.42% year on year; and basic earnings per share of RMB0.7649. A research report from Shenwan Hongyuan Group noted that Jiangsu Ninghu Expressway's third-quarter results were in line with the firm's expectations. The report noted that in 26Q3 the company's expenses continued to decline, with the selling expense ratio down 0.02pct year on year and the administrative expense ratio down 0.36pct year on year; the reduction in financial expenses was notable, with the financial expense ratio down 2.45pct year on year. In addition, the company's operating cash flow improved year on year, with net operating cash flow for the first three quarters of 2026 reaching RMB5.615 billion, up 3.34% year on year.