[ET Net News Agency, 10 March 2025] Nomura lowered the target price for JD Logistics (02618) to HKD15.3 from HKD15.7 and maintained the "buy" rating.
  The research house said it raises FY25/FY26F revenue by 1%/3% to factor in the encouraging revenue outlook, but cuts FY25F adjusted net profit by 2%, mainly given increasing infra investments. (rc)