On July 2, J&T Global Express-W rose 4.07% in regular trading, trading at HK$8.74/share, with turnover of approximately HK$89.48 million.

On the news front, the company's board-approved open market share buyback plan of up to HK$2 billion continues to be executed. The most recent buyback on June 30 repurchased 1.875 million shares at HK$8.33–8.39 per share, totaling approximately HK$15.69 million, bringing cumulative repurchases to over 11.15 million shares. The authorized buyback allows up to approximately 967 million Class B shares, representing 10% of issued shares, funded through existing cash reserves and free cash flow.

Additionally, J&T Global Express announced on July 1 a strategic cooperation agreement with CATL, focusing on new energy and logistics scenarios to jointly build a green supply chain system and promote large-scale deployment of new energy logistics equipment.

The broader logistics sector also saw widespread gains, with ZTO Express up 4.78%, JD Logistics up 4.26%, SF Intra-City up 3.29%, Sinotrans up 2.88%, and SF Holding up 1.13%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)