Morningstar analyst Chelsey Tam maintains J&T Global Express's fair value at HK$14.40, citing stronger-than-expected performance in new markets like Saudi Arabia, Mexico and Egypt. The Hong Kong-listed logistics provider's 2025 adjusted Ebitda exceeded estimates, driven by rapid expansion of customers including TikTok. Tam notes the new market segment's first-time Ebit profitability validates J&T's operating model, while shares trade at HK$10.29, suggesting undervaluation.

China Merchants Port faces a likely earnings recovery in 2026, DBS analyst Maggie Wang predicts, as lower credit costs and improved associate contributions offset 2025 misses. The port operator's 2026 net profit is expected to rebound 19%, with revenue forecasts raised 6.0% to reflect throughput growth across China and overseas terminals. DBS maintains a buy rating with a HK$18.00 target price.

Geely Automobile is projected to reach an all-time high 1Q organic net profit of 4.1 billion yuan, Deutsche Bank's Bin Wang reports. The growth stems from improved gross margins, with Zeekr 9X SUV sales hitting 22,035 units and overseas sales reaching a record 203,024 units. Despite seasonal sales volume declines to 709,358 units, product mix improvements should boost 2Q gross margins.