[ET Net News Agency, 4 August 2021] Daiwa initiates coverage of JD Logistics (02618)
with a target price of HK$37 and a "buy" rating.
The research house said JD Logistics has advanced unmanned equipment and data analysis
capacity along with JD Group's data feeds which help it outperform peers to gain market
share in the fragmented China integrated supply chain market. It also sees JD Logistics as
a pioneer in the smart transportation market, especially the delivery segment. (RC)