Yamato: Maintain the target price of 19 HKD for JD Logistics (02618) and "buy" rating.

According to the Chinese financial news app, Wisdom Finance, Daiwa has released a research report stating that it maintains a target price of HK$19 for JD Logistics (02618) and a "buy" investment rating. Daiwa also maintains its earnings per share forecast for the company from 2025 to 2027, and believes that the current stock price does not fully reflect the impact of new food delivery (takeout) business, Robovan cost savings, and the potential of the warehouse robot market.