HK Stock Market Move | SF INTRA-CITY(09699) rose more than 5% in the morning, with average daily orders for intra-city delivery during New Year period increasing by 55% year-on-year.
SF Express (09699) surged over 5% in the morning, with a gain of 5.43% as of the time of writing, trading at 11.46 Hong Kong dollars, with a turnover of 20.7391 million Hong Kong dollars.
SF INTRA-CITY (09699) rose by more than 5% in the morning, as of the time of writing, it has risen by 5.43% to HK$11.46, with a transaction amount of HK$20.7391 million.
On the news front, SF INTRA-CITY recently released data showing that during the New Year holiday period, the company's same-city delivery daily average order volume increased by 55% compared to last year, with beverage orders doubling and fast food orders increasing by over 90%. Orders in categories such as supermarkets, department stores, beauty, and digital products all achieved high double-digit growth compared to the same period last year, while the order volume for dining and non-dining scenarios increased significantly, providing support for holiday consumption and commercial operations.
Huachuang Securities released a research report stating that the instant delivery industry is in a high-growth stage, with the company as the leading independent third-party delivery service continuously strengthening its competitiveness. With significant internal and external synergies, the company is expected to show higher growth potential in the new journey of instant retailing where everything can be delivered to your home.
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