On August 18, J&T EXPRESS-W rose 3.1% in regular trading, trading at HK$10.17/share, with turnover of HK$357 million. The rally was driven by the company's cancellation of approximately 115 million treasury B-class shares on August 12, which reduces total share count and enhances per-share metrics.

The cancellation eliminated all treasury shares accumulated from buybacks conducted between February 26 and July 20, bringing post-cancellation B-class shares to 8,676,478,115. Multiple brokerages have recently issued bullish ratings: JPMorgan initiated with an Overweight rating and HK$13 target, Bank of America reiterated Buy with a HK$12.2 target, Shenwan Hongyuan upgraded to Buy, and Huachuang Securities maintained Recommend with a HK$13.9 target.

Market attention is also focused on the company's interim results scheduled for release on August 20. Q2 operational data showed global parcel volume reaching 9.18 billion parcels, up 24.2% year-over-year, with Southeast Asia volumes surging 63% and other markets jumping 136%, both exceeding market expectations.

(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.)