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Express News | In 2024, the express delivery volume in China will exceed 170 billion pieces.
YUEYUN TRANS (03399.HK) plans to appoint Wang Xiaobing as the Shareholder representative supervisor.
On January 3, Gelonghui announced that Wang Qingwei has resigned from the position of Shareholder representative supervisor of YUEYUN TRANS (03399.HK) due to job transfer, effective from the date of this announcement. The company’s board of supervisors has recommended the appointment of Wang Xiaobing as the Shareholder representative supervisor on January 3, 2025.
Volume increases and prices remain low as the express delivery industry competes to reduce costs. The application of autonomous vehicles and Drones is expected to accelerate next year | Year-end review.
① Since the beginning of the year, the growth rate of express delivery volume has exceeded 20%; the operating situation of "the two logistics giants and one delivery company" in the first 11 months shows volume increase and low prices, with ZTO achieving year-on-year revenue growth per package in Q3. ② Industry insiders say that the growth rate of express delivery volume will still be double-digit in the next 1-2 years. It is expected that next year, Drones and unmanned vehicles will accelerate their application in various express delivery scenarios, further reducing social Logistics costs.
As soon as the news of Japan easing tourist visas for people from China was released, local retail travel stocks surged immediately.
① The Japanese Foreign Minister, Toshimitsu Motegi, announced the relaxation of visa requirements for Chinese tourists to Japan, expected to be implemented in spring 2025. ② After the announcement, retail and tourism-related stocks in Japan rose, with J. Front Retailing Co. soaring by 8.38%, while Isetan Mitsukoshi Holdings and Takashimaya increased by 6.98% and 3.69%, respectively.
China's Logistics Sector Continues Growth Streak in November
China's Air Freight Volume Climbs to New High in January-October
Hong Kong Stock Concept Tracking | Multiple courier companies have seen a year-on-year increase in revenue for October, and performance in the fourth quarter is worth looking forward to (including concept stocks).
From the perspective of the industry as a whole, the november 11 shopping festival-related e-commerce mega promotion has come to an end, and the industry's parcel volume shows a rapid growth trend. The express delivery business has entered the peak season for the whole year, and the performance of express delivery companies in the fourth quarter is worth looking forward to.
China Federation of Logistics and Purchasing: The total social logistics amount in the first three quarters of the country reached 258.2 trillion yuan, and the industry prosperity level is stable and trending towards improvement.
In the third quarter, the overall logistics costs of the whole society have been gradually reduced. Under the coordinated effects of stock and incremental policies, logistics operations continue to stabilize and rebound. Positive changes have occurred in indicators such as the total social logistics volume and total revenue of the logistics industry.
Hong Kong stock concept tracking | express delivery business peak season started, express logistics industry ushered in the busy period of november 11 shopping festival-related
The peak season for express delivery has arrived, branches are working overtime to cope with the first wave of november 11 shopping festival-related promotions.
Hong Kong Transportation and Logistics Bureau: Fully promote all measures in the policy address to further consolidate and enhance Hong Kong's position as an international shipping center.
Hong Kong Transport and Logistics Bureau will fully implement all the measures announced in the 2024 Policy Address, including actively promoting the development of smart ports, establishing green ship fueling centers, and developing high value-added marine transportation and specialized businesses.
State Post Bureau: In September 2024, China's express delivery development index was 442.5, an increase of 9% year-on-year.
According to the State Post Bureau's message on October 17, the express delivery development index of china in September 2024 was 442.5, a year-on-year increase of 9%.
Global Trade To Increase 2.7% In 2024: WTO
Guangdong Yueyun Transportation to Raise 100 Million Yuan From Disposal of Stake
Special Report: Marine transportation stocks as a whole are rebounding, with cosco shipping holdings announcing excellent performance, while Maersk and Hapag-Lloyd confirm they will continue to bypass the Cape of Good Hope.
Marine transportation stocks are collectively rebounding. As of the time of publication, cosco shipping holdings rose by 6.88% to HKD 12.12; sitc rose by 5.62% to HKD 20.3; ooil rose by 3.92% to HKD 106; cosco shipping development rose by 2.53% to HKD 8.93.
yueyun trans (03399.HK) plans to sell 51% equity of yueyun bright day for 99.61 million yuan.
Yueyun Trans (03399.HK) announced on October 9th, 2024, that the company entered into a property trade contract and supplementary agreement with Yangjiang Investment. Accordingly, Yangjiang Investment conditionally agreed to purchase and the company conditionally agreed to sell 51% equity held by Yueyun Langri, for a price of RMB 99.61 million. Yueyun Langri's main business is road passenger transportation. With the diversification of people's travel methods, the continuous increase in high-speed rail and light rail mileage in recent years, the continuous growth of private car numbers, changes in people's travel habits, the road passenger transportation market has been severely impacted. Passenger flow has sharply declined, affecting Yueyun Langri's business.
China Federation of Logistics and Purchasing: The e-commerce logistics index for September 2024 was 114.4 points.
China Federation of Logistics and Purchasing and jd.com jointly released the China e-commerce logistics index for September 2024, which was 114.4 points, up 0.2 points from the previous month.
China's e-commerce logistics index rose monthly to 114.4 in September.
The China Logistics and Purchasing Federation announced that the China E-commerce Logistics Indices for September showed that as consumer potential continues to be unleashed, online shopping activities are becoming more active, with the e-commerce logistics index continuing to rise month-on-month in September. The data shows that the e-commerce logistics index in China for September was 114.4, up 0.2 points month-on-month. Looking at the sub-indices, the total business volume index for e-commerce logistics continued to rise.
China Federation of Logistics and Purchasing: In September, the global manufacturing PMI was 48.8%
On October 6th, China Federation of Logistics and Purchasing 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.
News Flash | Cosco Shipping Holdings rises over 4%, leading the shipping sector. Central bank interest rate cuts in various countries may boost international trade, and multiple disturbances affect the supply side of shipping.
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%.
In August, China's CSI Commodity Equity Index (CCEI) was 110.3 points, a month-on-month decrease of 3.6%.
The China Commodity Price Index (CBPI) released by the China Federation of Logistics and Purchasing in August 2024 was 110.3 points, a month-on-month decrease of 3.6% and a year-on-year decrease of 4.6%.
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