JD Logistics (02618.HK) stock is soaring 7.39% in intraday trading, following the announcement of its inclusion in the prestigious Hang Seng Index. The logistics arm of Chinese e-commerce giant JD.com is experiencing its most significant single-day percentage gain since June 25, as investors react positively to the news.
The Hang Seng Indexes Co Ltd revealed on Friday that JD Logistics, along with Pop Mart International Group and China Telecom, would be added to the Hang Seng Index effective September 8. This inclusion is a major milestone for JD Logistics, as it represents recognition of the company's growth and importance in the Hong Kong market. Being part of the index can lead to increased visibility, potential inflows from index-tracking funds, and enhanced liquidity for the stock.
The positive sentiment is not limited to JD Logistics alone. Pop Mart shares hit their highest level since their December 2020 debut, rising 3.3% to HK$331. China Telecom also saw a 3.4% increase, heading for its largest single-day percentage gain since March 18. The broader market is reflecting this optimism, with the Hang Seng Commerce & Industry Index climbing 2.5% and the benchmark Hang Seng Index rising 2%. Year-to-date, JD Logistics shares are up 7.6%, showcasing the company's steady performance in 2025.