According to the Intelligence Finance APP, Dah Joon Ki Faa released a report stating that it is tracking jd.com logistics (02618) for the first time with a target price of 18.72 Hong Kong dollars, valued at a cash flow discount rate and a "buy" rating. The bank mentioned that the company's core profit for the full year is expected to reach 4.15 billion RMB, equivalent to a 109% year-on-year increase.

As a leading integrated supply chain and high-end e-commerce logistics service provider in China, jd.com's logistics is expected to benefit from the mainland's potential domestic demand growth. After achieving a convincing performance rebound in the first half of 2024, jd.com's logistics expects the core profit annual growth rate to reach 9.3% from 2025 to 2027. Collaboration with alibaba (09988) is a significant positive factor that may expand the company's growth avenues and strengthen its leading position in the high-end e-commerce logistics market.