J&T EXPRESS-W (01519.HK) +0.030 (+0.322%) Short selling $16.91M; Ratio 9.975% showed regional business differentiation in its 2Q25 operational data, according to Nomura's research report.The strong growth in the company's Southeast Asian business was mainly driven by increased promotional activities on e-commerce platforms, expansion of partner businesses like TikTok Shop and Temu, and contributions from non-platform parcels.Related NewsHSBC Research Raises J&T EXPRESS-W (01519.HK) TP to $9 as Robust Overseas Growth Eases Domestic Pricing PressureIn 1H25, the parcel volume in Southeast Asia grew by 58% YoY, far above the annual growth guidance of 25-30%. Nomura estimated that J&T EXPRESS-W might raise its full-year growth target for the Southeast Asian market.Nomura maintained a Buy rating on J&T EXPRESS-W and lifted its target price from HKD7.3 to HKD9.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-16 12:25.)