Chinese Express Delivery Firms Post Strong Earnings Growth in First Half
Yicai·- Chinese listed express delivery firms reported significant earnings growth in the first half of 2026. - Eased price competition, overseas expansion, and low profit bases from the previous year drove this strong performance. - Industry experts predict further operational improvements in the second half of the year, driven by e-commerce promotions and global trade growth.Alibaba, NetEase, J&T Express get 'Buy' calls; Nomura flags China growth concerns, AI-cloud upside
Money Control·- Nomura issued "Buy" ratings and target price updates for Alibaba, NetEase, J&T Express, and Sunway Healthcare following their positive performance outlooks and earnings beats. - The brokerage highlighted ongoing economic growth concerns in China, with softening indicators leading to a downward revision of Q3 real GDP growth to 4.3% y-o-y. - Nomura also noted strong export growth in Malaysia alongside limited GDP spillovers from Thailand's data-centre-led foreign direct investment boom.