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Express News | China's CSI Mainland Transportation Index Down More Than 2%
"Express Delivery King" takes an important step forward.
Author | Huang Yu Editor | Zhou Zhiyu Last year, the three major logistics giants sprinted to the Hong Kong Stock Exchange. In the end, Goku took the lead in listing. Cainiao chose to withdraw its listing application, while SF Express remained undecided. More than three months after the initial filing failed, SF Express finally ushered in good news when it went public for the second time in Hong Kong. On June 2, SF Express announced that it has recently received confirmation from the China Securities Regulatory Commission on its overseas issuance and listing. It plans to issue no more than 625 million overseas listed common shares and list them on the Hong Kong Stock Exchange. This means that SF Express has finally obtained the “roadmap” to go public in Hong Kong, and may soon re-submit the form to the Hong Kong Stock Exchange. In the near future, SF Express will
International business dragged down SF Express's revenue in 2023 year on year, and net profit to mother increased by 30% | Financial News
SF Express plans to distribute a cash dividend of 6.0 yuan (tax included) to all shareholders for every 10 shares. The cash dividend per share increased sharply by 140% year over year, and the dividend ratio increased from 20% in 2022 to 35%. Moreover, the dividend ratio within the next five years will increase steadily from 2023.
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0152 GMT - Chinese stocks are mixed in morning trade, tracking other Asian equities as investors continue to digest news of U.S. Fed Chairman Jerome Powell's renomination. The Shanghai Composite