Cathay International pointed out that s.f. holding (06936) has a leading market position and is rated as 'subscribe' for IPO.

Jinwu Financial News | S.F. Holding (06936) is currently offering shares. Zhongtai International released a research report stating that S.F. Holding is a global leader in comprehensive logistics services, founded in 1993 in Shunde, Guangdong. The business model has two additional key attributes: direct operation and independent third-party services. Based on 2023 revenue, the company is the largest comprehensive logistics service provider in China and Asia, and the fourth largest in the world, holding a 0.7% share of the global market. The report indicates that the company has a market-leading position, with profits maintained growth from 2021 to the first half of 2024, and shareholder net income margin.

Golden Guard Financial NewsNov 19 20:10 ET

SF Express has launched its Hong Kong stock IPO, with Xiaomi investing 20 million dollars in the new shares.

①SF Express has signed cornerstone investment agreements with 10 institutions including China Pacific Insurance, Green Better, Infini, with a total amount of 0.205 billion US dollars; ②SF Express's internationalization is following a development path from Southeast Asia to the European and American markets. In the summer and autumn aviation season of 2024, SF Express Aviation's international cargo flights show that 37% are on Southeast Asia routes, and 10% are on European and American routes.

cls.cnNov 19 04:21 ET

Hong Kong Stocks Continue to Rise on Vice-Premier Pledge to Boost City's Economy, Year-on-year Increase in Country's Fiscal Revenue

MT NewswiresNov 19 03:48 ET

SF Holding's Express Logistics Review Jumps 14% in October

MT NewswiresNov 18 22:47 ET

SF Holding Clinches Xiaomi as Backer in Up to HK$6.2 Billion Hong Kong IPO

MT NewswiresNov 18 22:16 ET

Chinese Express Delivery Firm Taps Hong Kong Market With Near $800 Million Offering

WSJNov 18 20:34 ET