JD LOGISTICS (02618) rose more than 5%. At the time of writing, the stock was up 4.87% to HK$15.3, with a turnover of HK$231 million.

The company is scheduled to hold a board meeting on May 12 to approve the group's unaudited quarterly results for the three months ended March 31, 2026.

Previously, Bank of America Securities forecast that JD LOGISTICS's total revenue for the first quarter of 2026 would increase by 25% year-on-year to RMB 58.9 billion. Non-IFRS net profit is expected to rise 37% year-on-year to RMB 1.03 billion, with the non-IFRS net profit margin projected to improve to 1.8% from 1.6% in the same period last year.

Excluding the on-demand delivery business, the bank expects JD LOGISTICS's core supply chain logistics revenue to grow 6% year-on-year. Within this segment, traditional express delivery revenue is forecast to increase by 10%, outperforming the industry, while the cross-border express business is anticipated to achieve double-digit growth.