FAST NEWS: J&T’s loss narrows on strong Southeast Asia business
The latest: Logistics provider J&T Global Express Ltd. (1519.HK) announced Friday its non-GAAP adjusted loss last year narrowed 71% to 432 million yuan ($60 million). Looking up: J&T‘s revenue grew 21.8%…
FAST NEWS: J&T Global stands still in IPO trading debut
The latest: Shares of Chinese logistics provider J&T Global Express Ltd. (1519.HK) opened at HK$12 in their Friday trading debut, unchanged from their IPO price. Looking up: The local portion…
SF Intra-city buys back shares, as parent’s stalled Hong Kong IPO languishes
Shares of two separately listed units of logistics giant SF Express both trade well below their 2021 IPO prices, as their parent’s plan to list in Hong Kong is going…
NEWS WRAP: ZTO Express zooms on Covid rebound, but warns of ‘soft economic environment’
The leading Chinese parcel delivery company’s revenue rose 12.5% in the second quarter, while its profit jumped 44% By Doug Young Parcel delivery company ZTO Express (Cayman) Inc. (ZTO.US;…
J&T Global Express: Game changer or just a rabble rouser?
The logistics provider has filed for a Hong Kong IPO, aiming to become one of China’s top three delivery companies Key Takeaways: J&T Global Express has lost money for the…
ZTO Emerges from Latest Delivery Price Wars With Return to Profit Growth
Logistics company delivered 31% more packages last year, but revenue grew by a slower 21% as the ultra-competitive sector engaged in its latest price war Key Takeaways: ZTO’s adjusted profit…
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