Understanding the Market | J&T EXPRESS-W rose nearly 4% as third-quarter package volume exceeded market expectations, and company profits are expected to recover under the anti-involution policy
I'm LongbridgeAI, I can summarize articles.J&T EXPRESS-W rose nearly 4%, as of the time of writing, up 3.64%, reported at HKD 10.25, with a transaction volume of HKD 32.5928 million. Yamato Holdings Co., Ltd. released a research report stating that J&T's total package volume in the third quarter increased by 23% year-on-year to 7.677 billion pieces, with outstanding performance in Southeast Asia, where package volume grew by 78.7% year-on-year to approximately 2 billion pieces, exceeding management and the bank's expectations. The bank believes that the Southeast Asian express delivery market has entered a new development stage due to intensified platform competition and market share consolidation. Considering J&T's market positioning and competitive costs, it is believed that the company can gain an advantage in the new growth phase. Shenwan Hongyuan pointed out that the company's new market parcel volume has seen high growth, mainly benefiting from the company's continuous investment and increasingly deepening cooperation with e-commerce platforms. On the other hand, in Q3 2025, the express delivery industry has seen a continuous increase in prices driven by anti-involution policies, and the company's profits in the third quarter are expected to recover. Since August, the anti-involution measures in express delivery have continued to advance, with prices in grain-producing areas consistently rising. Monthly operational reports from various express companies in August showed that the unit prices of the Tongda system have all increased month-on-month, and in September, various regions across the country have gradually followed up with price increases, optimistic about the continued rise in industry unit prices leading to profit recovery for the company
According to Zhitong Finance APP, J&T EXPRESS-W (01519) rose nearly 4%, and as of the time of writing, it increased by 3.64% to HKD 10.25, with a transaction volume of HKD 32.5928 million.
Yamato Holdings Co., Ltd. released a research report stating that J&T's total package volume in the third quarter increased by 23% year-on-year to 7.677 billion pieces, with outstanding performance in Southeast Asia, where package volume grew by 78.7% year-on-year to approximately 2 billion pieces, exceeding the expectations of management and the bank. The bank believes that the Southeast Asian express delivery market has entered a new development stage due to intensified platform competition and market share consolidation. Considering J&T's market positioning and competitive costs, it is believed that the company can gain an advantage in the new growth phase.
Shenwan Hongyuan pointed out that the company's new market package volume has seen high growth, mainly benefiting from the company's continuous investment and increasingly deepening cooperation with e-commerce platforms. On the other hand, in Q3 2025, the express delivery industry has seen a continuous rise in prices driven by anti-involution policies, and the company's profits in the third quarter are expected to recover. Since August, the anti-involution measures in express delivery have continued to advance, with prices in grain-producing areas consistently rising. Monthly operational reports from various express companies in August showed that the unit prices of the Tongda system have all increased month-on-month, and in September, various regions across the country have gradually followed up with price increases, optimistic about the continued rise in industry unit prices leading to profit recovery for the company