listed J&T Global Express climbs on quarterly parcel volume growth

By Reuters News

** Shares of J&T Global Express 1519.HK climb 3.2% to HK$9.21 after falling for two straight sessions, on track for biggest one-day pct gain since October 9

** Stock sixth-biggest pct gainer in the benchmark Hang Seng Index .HSI, which slips 1.1%

** Global logistics service provider says its parcel volume for quarter ended in September up 24.8% y/y at 9.58 billion units, of which Southeast Asia up 44.5% and China up 15.3%

** For January-September, total parcel volume up 25% at 27.09 billion, with Southeast Asia up 61% and China up 11.5%

** That compares with 24.2% growth in quarter ended in June

** YTD, stock down 12.6%, Hang Seng Index .HSI down 6.2%

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.