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Hong Kong stock concept tracking | The peak season for express business has started, and the express logistics industry is entering the busy period of the november 11 shopping festival-related.
The express delivery peak season has arrived, and the branch is working overtime to cope with the first wave of november 11 shopping festival-related promotions.
Global Trade To Increase 2.7% In 2024: WTO
yueyun trans (03399.HK) plans to sell 51% equity of yueyun bright day for 99.61 million yuan.
On October 9th, Guolonghui reported that Yueyun Trans (03399.HK) announced that on October 9, 2024, the company entered into a property trade contract and supplementary agreement with Yangjiang Investment. According to this, Yangjiang Investment conditionally agreed to purchase and the company conditionally agreed to sell 51% equity held by Yueyun Langri, for a price of 99.61 million yuan. Yueyun Langri's main business is road passenger transportation. As people's travel methods become more diverse, and in recent years, with the continuous increase in high-speed rail and light rail mileage, the number of private cars has been continuously growing, changing people's travel habits. The road passenger transportation market has been severely impacted, with a sharp decline in passenger flow, affecting the business of Yueyun Langri.
Express News | Guangdong Yueyun Transportation Co Ltd - Agreed to Sell 51% Stake in Yueyun Langri Held by Co for RMB99.6 Mln
China Federation of Logistics and Purchasing: Global manufacturing PMI was 48.8% in September.
On October 6, China's logistics and purchasing federation announced that the global manufacturing PMI in September 2024 was 48.8%, a slight decrease of 0.1 percentage points from the previous month, hovering around 49% for the third consecutive month.
Spotlight | COSCO Shipping Holdings rises more than 4%, leading the shipping sector. Central banks of various countries cutting interest rates may boost international trade, multiple disturbances affecting the shipping supply side.
Shipping and ports stocks continued to rebound recently. As of the time of publication, Cosco Shipping Holdings rose by 4.58%, Sinotrans Limited rose by 4.27%, OOIL rose by 2.11%, and Sitc rose by 3.29%.
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