According to the Zhī tōng Cáijīng APP, Gǔdòng Wítōng's [01519] Jí tù sùdì (Express) rose more than 4% at the end of the day. As of publication time, it rose 4.06% to HKD 7.94, with a turnover of HKD 83.6616 million.
On May 29th, according to an announcement from the Shēn zhèn stock exchange, the list of Hong Kong stock connect securities under the Shenzhen-Hong Kong Connect has been adjusted, with Jí tù sùdì (Express) being added to the list. According to the relevant provisions of the Implementation Measures of Shenzhen Stock Exchange-Hong Kong Stock Connect, adjustments to the list of Hong Kong stock connect securities will take effect from May 29th, 2024.
In addition, on May 8th, Jí tù sùdì (Express) J&T Express announced that it had achieved an important milestone with a multimillion-dollar investment from Yì dá zī běn (Easy Capital) and a Middle Eastern consortium. BOCI (Bank of China International) states in its research report that the cost and experience barriers for entering the Saudi express logistics market are relatively high. Jí tù is implementing a localization strategy to adapt to the Middle Eastern market. In February 2024, Jí tù sùdì (Express) rose to become the second largest player in the industry in terms of order volume, with local customers accounting for more than 30%, showing strong growth momentum and market acceptance, laying a solid foundation for its business in Saudi Arabia. The bank pointed out that this investment is conducive to Jí tù sùdì's (Express) deepening international layout and accelerating the company's penetration into the Middle Eastern market.