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Hong Kong stock concept tracking | Several courier companies experienced year-on-year revenue growth in October, with performance in the fourth quarter expected to be promising (including related stocks).
From an industry perspective, the november 11 shopping festival-related e-commerce promotion has come to an end, showing a rapid growth trend in the volume of packages. The express business is entering the peak season for the year, and the performance of express companies in the fourth quarter is worth looking forward to.
Express News | "Singles' Day sales" concluded, and the daily average parcel volume of Shunfeng's intra-city "last mile" delivery increased by 160% year-on-year.
Hangzhou SF Intra-city Signs Financial Services Agreement
SF Express (09699.HK) has entered into a financial services framework agreement with SF Financial Company.
On November 13, 2023, SF Technology (09699.HK) announced that on November 13, 2024, the company signed a financial services framework agreement with SF Finance, with a fixed term starting from January 1, 2025, to December 31, 2027. According to the financial services framework agreement, the city group will use several financial services, including deposit services and settlement services provided by SF Finance in china.
Open Source Securities: The overall prosperity of the entertainment industry in the mid-term is expected to continue, with travel consumption demonstrating both resilience and growth.
The global linkage of trend culture, domestic brands set sail for overseas; super platforms reshaping offline services, accelerating the blossoming of emerging experiences; travel consumption combines resilience and growth, focusing on the expansion cycle of strong alpha leaders.
Lalamove: will open business in Turkey, expanding its territory to europe, the Middle East, and Africa.
Hong Kong's unicorn, delivery platform Lalamove announced that it will expand its business to Istanbul, Turkey, and further expand to Europe, the Middle East, and Africa (EMEA). Together with the newly opened business in Turkey, Lalamove has now expanded to a total of 13 markets in Asia, Latin America, and the EMEA region. Lalamove stated that Turkey is located at the intersection of the EMEA region, considered a crucial strategic hub for global trade, logistics related to manufacturing, and one of the participating countries in the Belt and Road initiative. The local actively improves and develops new maritime logistics infrastructure, such as developing trans-Caspian countries.
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