HK Stock Market Move | SF INTRA-CITY (09699) rises over 4%, institutions bullish on the demand potential of the instant delivery industry.

date
14:00 20/01/2026
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GMT Eight
SF Express (09699) rose more than 4%, up 4.14% to HK$12.33 as of press time, with a turnover of HK$37.7058 million.
SF INTRA-CITY (09699) rose more than 4%, up 4.14% as of the time of writing, at HK$12.33, with a turnover of HK$37.7058 million. On the news front, Shenwan Hongyuan Group recently released a research report stating that Alibaba Group has clarified its strategic focus on Taobao Flash Sale for the year 2026, with a strategic shift towards "striving for absolute first place". This change is expected to inject strong demand into the instant delivery industry. As for the target, SF INTRA-CITY, which continuously realizes profits and significantly demonstrates third-party value, is highly recommended. Data released by SF INTRA-CITY earlier showed that during the New Year holiday period, the company's same-city delivery daily order volume increased by 55% year-on-year, with the volume of beverage orders doubling year-on-year and fast food orders increasing by over 90%. Categories such as supermarkets, department stores, cosmetics, and electronics all achieved double-digit growth in order volume compared to the previous year. The overall scenario of restaurant and non-restaurant orders showed high growth, providing support for holiday consumption and commercial operations.