JD LOGISTICS (02618.HK) -0.860 (-5.680%) Short selling $25.39M; Ratio 14.705% delivered 1Q results beat, with revenue mounting 29% YoY and non-IFRS net profit increasing 40% YoY to RMB1.052 billion, CLSA said in a research report. Although factors such as FX, interest rates and government subsidies may weigh on 2Q net profit, the broker expected business growth momentum to persist into 2Q.The broker slightly raised its revenue forecasts for FY2027 and FY2028 by 1%, while adjusting its net profit forecasts by 1% to reflect overseas growth and ongoing margin expansion. CLSA lifted the TP from HKD14.6 to HKD17.8, while maintaining an Outperform rating. JD LOGISTICS also announced a plan to repurchase up to USD1.2 billion worth of shares over the next four years. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.)Related News Citi Raises JD LOGISTICS (02618.HK) TP to HKD18, Rates Buy; Efficiency Gains to Offset Oil Price Impact
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