On August 24, J&T EXPRESS-W declined 3.17% in regular trading, trading at HK$10.1 per share, with turnover of HK$37.25 million. The stock continues to face selling pressure following the announcement that China's National Post Office has launched a formal investigation into J&T Express Co., Ltd.

According to the National Post Office, companies operating under the J&T Express brand experienced multiple production safety accidents this year, with repeated inspections uncovering safety hazards at their facilities. The regulator determined that J&T Express failed to implement unified safety management as required, prompting the formal investigation. The stock had already plunged over 10% intraday on August 23 when the news first emerged, closing down more than 8% at midday.

The investigation marks a significant escalation from a RMB 70,000 fine imposed on the company earlier in August for similar safety management violations. The regulatory action contrasts sharply with J&T EXPRESS-W's strong first-half results reported days earlier, which showed revenue growth of 39.5% and adjusted net profit surging 124.3% year-over-year.

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