On June 22, J&T Global Express (01519.HK) fell 3.43% in regular trading, trading at HKD 8.51/share, with turnover of HKD 63.03 million. The stock continues to face selling pressure as market sentiment remains subdued following the National Postal Bureau's formal investigation launched on June 11.

The regulatory body cited multiple production safety accidents at enterprises operating under the J&T Express brand, along with repeated safety hazards discovered during inspections. The investigation targets J&T's failure as brand headquarters to implement unified safety management as required by regulations. Data shows the company recorded 57 workplace fatalities over three years, with an employee turnover rate exceeding 38%.

Notably, the investigation came just two days after J&T completed an HKD 8.3 billion mutual share subscription with SF Holdings on June 9. While the company has conducted consecutive share buybacks totaling over HKD 160 million since June 10 and established a special rectification task force, market concerns over structural governance risks tied to its franchise model persist.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)