JST GROUP (06687.HK) Surges 24.2% to $38 in Initial Public Offering Debut

Written by Emily J. Thompson, Senior Investment Analyst

Source: aastocks

Updated: Oct 21 2025

0mins

06687+2.55%

Should l Buy 06687?

Source: aastocks

JST Group Debut: JST Group (06687.HK) opened at $38, marking a 24.2% increase from its listing price of $30.6, with 13.65 million shares traded at market open.
Market Performance: The stock experienced a significant rise of 6.960 (+22.745%) during its debut.
Market Delay Notice: It is noted that HK stocks quotes are delayed for at least 15 minutes.
Related Market News: CICC reports that US-China tariff tensions are escalating again, but the impact on A-shares is expected to be milder than earlier in the year.

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Analyst Views on 06687

Wall Street analysts forecast 06687 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 06687 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

0 Analyst Rating

0 Buy

0 Hold

0 Sell

Current: 22.000

Low

Averages

High

Current: 22.000

Low

Averages

High

JPMorgan

Overweight

initiated

$37

2025-12-19

Reason

JPMorgan

Price Target

$37

AI Analysis

2025-12-19

initiated

Overweight

Reason

The analyst rating for JST GROUP (06687.HK) is based on several key reasons: 1. Appealing Valuation: The company is considered to have an attractive valuation, which makes it a favorable investment opportunity. 2. Industry Position: JST GROUP is noted for standing out in China's fragmented e-commerce industry, which positions it for faster growth compared to many of its software peers. 3. Strong Profitability: The company is maintaining strong profitability, which is a positive indicator of its financial health and operational efficiency. These factors contributed to JPMorgan's decision to assign an Overweight rating and include JST GROUP as one of its top picks in the industry.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

JPM Begins Coverage of JST GROUP with Overweight Rating and Target Price of HKD 37

Dec 19 2025aastocks

JPMorgan's Coverage Initiation: JPMorgan has started coverage on JST GROUP (06687.HK) with an Overweight rating and a target price of HKD37.
Valuation and Industry Position: The broker highlighted JST GROUP's attractive valuation and named it one of its top picks in the industry.
Growth in E-commerce: JST GROUP is noted for its ability to grow faster than most software peers in China's fragmented e-commerce market.
Profitability: The company is maintaining strong profitability while expanding within its vertical.

JST GROUP (06687.HK) Sees 23.9% Increase, Closing at $37.9

Oct 21 2025aastocks

Stock Performance: JST GROUP (06687.HK) debuted at $38, a 24.2% increase from its listing price of $30.6, closing at $37.9, up 23.9%.
Trading Volume: The stock saw a trading volume of 37.49 million shares and a turnover of $1.44 billion, with a book gain of $730 per board lot of 100 shares.

JST GROUP (06687.HK) Sees 24.1% Increase, Reaching $37.96 by Midday

Oct 21 2025aastocks

JST GROUP Debut Performance: JST GROUP (06687.HK) debuted today, opening at $38, which is a 24.2% increase from its listing price of $30.6.
Stock Trading Details: The stock reached a peak of $39.32 and a low of $35.1, closing midday at $37.96 with a trading volume of 28.29 million shares and a turnover of $1.08 billion.