The company’s shares fell to 8.08 Hong Kong dollars, roughly US$1.03, during Thursday’s trading session, marking the sharpest single-day decline for the firm since April 2025. Regulators specifically pointed to entities operating under the J&T brand, noting that their trademarked waybills and facilities have been linked to multiple safety violations. The courier firm did not provide an immediate response to requests for comment regarding the probe.
In section Market Quotes
J&T Global Express Shares Slide Amid Safety Probe
An 8.1% drop in J&T Global Express stock followed an announcement from China’s State Post Bureau regarding a formal investigation into the delivery firm. Regulators cited a pattern of repeated work safety incidents and persistent facility hazards that have plagued the company throughout the current year.
While the investigation casts a shadow over domestic operations, J&T Global Express maintains a sprawling international footprint spanning Saudi Arabia, the UAE, Mexico, Brazil, Egypt, and Southeast Asia. Prior to the regulatory crackdown, market sentiment remained optimistic about the company's expansion; DBS analysts had recently projected a 45% volume growth in Southeast Asian markets, driven by sustained momentum in the region.
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