Daiwa Expects J&T EXPRESS-W to Face Rectification or Fine, Limited Financial Impact

AASTOCKS News
2026.06.12 04:30
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Daiwa Research reports that J&T Express faces potential rectification or fines from the State Post Bureau regarding workplace safety incidents, though financial impact is expected to be limited. The broker maintains a Buy rating, citing an 83.5% YoY parcel volume surge in Southeast Asia during early June. Additionally, Daiwa notes that Beijing's crackdown on e-commerce false advertising may further dampen China's slowing parcel growth.