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J&T Express faces risk of tougher penalties as China opens formal safety probe
Investors are concerned about the impact of heavier penalties, higher compliance costs and safety oversight amid the probe.
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caixinglobal.com
China Postal Regulator Opens Probe Into J&T Over Safety Failures
The investigation follows multiple workplace accidents and adds to regulatory pressure on the fast-growing courier
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scmp.com
J&T Express faces risk of tougher penalties as China opens formal safety probe
Investors are concerned about the impact of heavier penalties, higher compliance costs and safety oversight amid the probe.
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J&T Express shares slump after China launches probe into safety failures
Shares of Hong Kong-listed courier fell as much as 11 per cent after regulator targets shortcomings in safety management.
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kr-asia.com
J&T Express faces state investigation
China’s State Post Bureau said on June 11 that it has opened an investigation into J&T Express. The company acknowledged the probe, citing gaps in…