JD LOGISTICS (02618.HK) +0.200 (+1.584%) Short selling $80.78M; Ratio 22.533% 's 4Q25 revenue and profit beat expectations, Nomura released a research report saying. JD LOGISTICS' 4Q25 total revenue increased by 22% YoY, 2 ppts high than the estimations of the market/ Nomura, mainly due to growth in internal revenue, which offset the decline in external revenue. Non-IFRS operating profit margin dropped by 0.5 ppts YoY to 3.0%, primarily due to a narrower gross margin, but still exceeded Nomura's forecast by 0.2 ppts.Related NewsG Sachs Rates JD LOGISTICS at Buy; 4Q Adjusted NP BeatsTherefore, Nomura kept rating at Buy on JD LOGISTICS, and added its target price from $17 to $18. The broker also raised its FY2026/ 2027 adjusted EPS forecasts by 9%/ 13% each. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-03-09 16:25.)