The China Federation of Logistics and Purchasing: The Logistics Index for February in China is 49.3%.
The China Logistics and Purchasing Federation announced that the Logistics Index for China in February 2025 is 49.3%, a decrease of 0.4 percentage points compared to last month.
As of the end of February, Sinotrans Limited (00598) has spent approximately 0.325 billion yuan to repurchase about 62.8564 million A-shares.
Sinotrans Limited (00598) announced that as of February 28, 2025, the company through Shanghai Securities...
Sinotrans Limited (601598.SH): Cumulatively repurchased 0.86% of the company's A-shares.
On March 4th, Gelonghui reported that Sinotrans Limited (601598.SH) announced that as of February 28, 2025, the company had cumulatively repurchased 62,856,417 A shares through the concentrated bidding trading system of the Shanghai Exchange, accounting for 0.86% of the total share capital of the company as of February 28, 2025. The highest purchase price was 5.32 yuan/share, the lowest was 5.03 yuan/share, and the total amount paid was 325,270,120.16 yuan (excluding transaction fees).
China Federation of Logistics and Purchasing: The total social logistics cost to GDP ratio for 2024 is expected to be 14.1%, the lowest level in history.
In 2024, the total logistics costs of society as a ratio of GDP is 14.1%, a decrease of 0.3 percentage points from the previous year, reaching the lowest level in history.
February 25th buyback collection | HSBC Holdings, SWIRE PACIFIC A, and others have conducted buybacks, among which HSBC Holdings spent 0.212 billion Hong Kong dollars.
According to a document disclosed by HKEX on February 26, shares were repurchased by $HSBC Holdings(00005.HK)$, $SWIRE PACIFIC A(00019.HK)$, and others. ① $HSBC Holdings(00005.HK)$ repurchased 2.47 million shares of common stock on February 24, involving an amount of 0.212 billion Hong Kong dollars, with a repurchase price ranging from 86.8 to 84.95 Hong Kong dollars per share. ② $SWIRE PACIFIC A(00019.HK)$ repurchased 0.3 million shares of common stock on February 25, involving an amount of 19.4553 million Hong Kong dollars, with a repurchase price ranging from 65.2 Hong Kong dollars to
On February 25, Sinotrans Limited (00598.HK) spent 17.89 million yuan to repurchase 3.543 million A-shares.
Gelonghui, February 25丨Sinotrans Limited (00598.HK) announced that on February 25, 17.89 million yuan was spent to repurchase 3.543 million A shares.
February 24 repurchase summary | HSBC Holdings, SWIRE PACIFIC A and others have repurchased, with HSBC Holdings spending 85.2511 million Hong Kong dollars.
According to a document disclosed by HKEX on February 25, shares were repurchased by $HSBC Holdings(00005.HK)$, $SWIRE PACIFIC A(00019.HK)$, and others. ① $HSBC Holdings(00005.HK)$ repurchased 0.982 million common shares on February 21, involving an amount of 85.2511 million Hong Kong dollars, with a repurchase price ranging from 87.15 to 86.5 Hong Kong dollars per share. ② $SWIRE PACIFIC A(00019.HK)$ repurchased 0.4 million common shares on February 24, involving an amount of 25.8387 million Hong Kong dollars, with a repurchase price ranging from 65.
Sinotrans Limited (00598.HK) spent 17.93 million yuan to repurchase 3.536 million A-shares on February 24.
Gelonghui reported on February 24 that Sinotrans Limited (00598.HK) announced that on February 24, it spent 17.93 million yuan to repurchase 3.536 million A shares.
February 21 buyback collection | SWIRE PACIFIC A, SWIREPROPERTIES and others have conducted buybacks, among which SWIRE PACIFIC A spent 24.7168 million HKD.
According to the document disclosed by HKEX on February 24, shares were repurchased by SWIRE PACIFIC A (00019.HK), SWIREPROPERTIES (01972.HK), and others. ① SWIRE PACIFIC A (00019.HK) repurchased 0.39 million ordinary shares on February 21, involving an amount of 24.7168 million Hong Kong dollars, with a repurchase price ranging from 63.85 Hong Kong dollars to 63 Hong dollars per share. Since the repurchase authorization resolution, the total number of repurchased securities has been 38.3335 million shares, accounting for 4.59% of the total shares issued at the time the ordinary resolution was passed. ② SWIREPROPERTIES (019
Sinotrans Limited (00598.HK) spent 16.86 million yuan to repurchase 3.333 million A-shares on February 21.
Gelonghui, on February 21, announced that Sinotrans Limited (00598.HK) repurchased 3.333 million A-shares for a cost of 16.86 million yuan.
Major bank rating | Goldman Sachs: This year, competition in the express delivery Industry will intensify, downgrading the ratings of YTO Express and Sinotrans Limited to "Sell".
On February 17, Gelonghui reported that Goldman Sachs issued a research report noting that competition in the express delivery industry will intensify this year, with industry leader ZTO Express returning to a market share growth strategy. The firm mentioned that in response to industry competition and the downward profit risk for each package, the rating for YTO Express Group has been downgraded to "Sell"; at the same time, it downgraded the rating for Sinotrans Limited Listed in Hong Kong to "Sell", mainly due to its export-driven Business contributing over 75% of its earnings before interest and tax. The firm anticipates an oversupply in Air Transportation and Marine Transportation, as well as tariff headwinds leading to a decrease in freight rates per standard container, which will put pressure on the company's profit margins in 2025. Additionally, Goldman Sachs maintains the rating for S.F. Holding.
Goldman Sachs' investment rating and Target Price for China's express delivery industry Listed in Hong Kong (Table)
Goldman Sachs published a research report, outlining the investment ratings and Target Prices for the Chinese express delivery industry as follows: Shares | Investment Rating | Target Price (HKD) S.F. Holding (06936.HK) | Buy | 51 HKD -> 48 HKD ZTO Express -W (02057.HK) | Buy | 210 HKD J&T Express -W (01519.HK) | Neutral | 7.4 HKD -> 6.7 HKD KERRY LOG NET (00636.HK) | Neutral | 9.7 HKD -> 8.3 HKD Sinotrans Limited (00598.HK) | Sell |
February 13 buyback collection | COSCO Shipping Holdings, AIA, and others conducted buybacks, among which COSCO Shipping Holdings spent 65.7998 million HKD.
According to a document disclosed by HKEX on February 14, $COSCO Shipping Holdings(01919.HK)$ and $AIA(01299.HK)$ repurchased shares. ① $COSCO Shipping Holdings(01919.HK)$ repurchased 5.3785 million H shares on February 13, involving an amount of 65.7998 million HKD, with the repurchase price ranging from 12.3 HKD to 12.16 HKD per share. Since the share buyback authorization resolution, the cumulative number of repurchased securities is 0.201 billion shares, accounting for 6.266% of the number of issued shares at the time the ordinary resolution was passed. ② $AIA(01299.
On February 13, Sinotrans Limited (00598.HK) spent 16.95 million yuan to repurchase 3.24 million A-shares.
On February 13, Gelonghui reported that Sinotrans Limited (00598.HK) announced the buyback of 3.24 million A-shares for a cost of 16.95 million yuan.
Repurchase collection on February 12 | HSBC Holdings, TIMES ELECTRIC and others have repurchased shares, with HSBC Holdings spending 0.307 billion Hong Kong dollars.
According to a document disclosed by HKEX on February 13, $HSBC Holdings (00005.HK)$ and $TIMES ELECTRIC (03898.HK)$ repurchased shares. ① $HSBC Holdings (00005.HK)$ repurchased 3.6732 million ordinary shares on February 11, involving an amount of 0.307 billion Hong Kong dollars, with a repurchase price ranging from 83.75 Hong Kong dollars to 83.3 Hong Kong dollars per share. ② $TIMES ELECTRIC (03898.HK)$ repurchased 2.188 million Listed in Hong Kong shares on February 12, involving an amount of 67.3709 million Hong Kong dollars, with a repurchase price ranging from 31.2 Hong Kong dollars to 3.
On February 12, Sinotrans Limited (00598.HK) spent 14.88 million yuan to repurchase 2.86 million A-shares.
Gelonghui, on February 12, announced that Sinotrans Limited (00598.HK) spent 14.88 million yuan to repurchase 2.86 million A-shares.
China Federation of Logistics and Purchasing: In January, the e-commerce logistics Indices fell to 109.2 points due to merchants suspending operations for the Spring Festival.
The China Federation of Logistics and Purchasing and JD.com jointly released that the China E-commerce Logistics Indices for January 2025 is 109.2 points, a decrease of 3.5 points from last month.
February 11th repurchase collection | HSBC Holdings, TIMES ELECTRIC and others have successively repurchased, among which HSBC Holdings spent 0.219 billion Hong Kong dollars.
According to a document disclosed by HKEX on February 12, $HSBC Holdings (00005.HK)$, $TIMES ELECTRIC (03898.HK)$, and others have repurchased shares. ① $HSBC Holdings (00005.HK)$ repurchased 2.6608 million common shares on February 10, involving an amount of 0.219 billion HKD, with the repurchase price ranging from 82.55 HKD to 82.25 HKD per share. ② $TIMES ELECTRIC (03898.HK)$ repurchased 1.7003 million H shares on February 11, involving an amount of 51.1112 million HKD, with the repurchase price being 30.45 HKD per share.
Sinotrans Limited (00598.HK) has completed the cancellation of some Stocks Options.
On February 11, Gelonghui reports that Sinotrans Limited (00598.HK) announces that the company convened its fourth Board of Directors' sixth meeting and the fourth Supervisory Board meeting on January 24, 2025, where the proposal to cancel some Options was reviewed and approved. It was agreed to revoke 3.8121 million Options that have been granted but cannot be exercised or have not yet been exercised. The company has submitted an application to the Shanghai branch of China Securities Depository and Clearing Corporation Limited for the cancellation of the above Options.
Sinotrans Limited (00598) spent 14.9025 million yuan to repurchase 2.862 million A-shares on February 11.
Sinotrans Limited (00598) announced that on February 11, 2025, it will invest 14.9025 million yuan (RMB)...