JD LOGISTICS Falls Over 5%; Nomura Says Fuel Price Impact Manageable, Raises TP to HKD20

AASTOCKS News
2026.05.15 03:48
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JD LOGISTICSshares fell 5.28% to HKD14.34 amid short selling of $43.32M. Nomura reported a 29% YoY revenue increase for Q1 2026, driven by JD Group, and raised its target price from HKD18 to HKD20, maintaining a Buy rating. The impact of rising fuel prices is manageable, accounting for less than 1% of revenue. Nomura forecasts continued revenue growth of 25% YoY in Q2 2026, with full-year revenue and profit growth estimates of 20-25% and 25-30% YoY, respectively.