[Brokerage Focus] Soochow maintains a "Buy" rating for SF Intra-City (09699), stating that the instant delivery Industry is still in a fast growth phase.

Golden Finance News | Soochow Securities research indicates that in the second half of 2024, the revenue from the same-city delivery business of SF Intra-City (09699) is expected to grow by 30% year-on-year, with the KA business achieving even higher growth. As one of the leading players in instant delivery, the company has significantly increased its market share during the period of cost reduction and efficiency enhancement for merchants, with new signed Order revenue from KA customers achieving high double-digit growth in the first half of 2024. In the second half of 2024, stimulated by policies such as the issuance of Consumer vouchers, leading chain players in the Dining and retail Industries are expected to recover first, and the company is likely to benefit from this. The bank predicts that in the second half of 2024, the company's last-mile delivery service revenue will grow year-on-year.

Jinwu Financial NewsJan 14 16:30 · Ratings

SF Express City (09699.HK): Industry demand is rising, the pattern is concentrated, bullish on the company's high growth performance.

Benefiting from the growth of cooperative customers and the company's competitive advantages, the KA local delivery business maintains high growth.

SoochowJan 14 14:57 · Researches

SF Express City (09699.HK): Expect stable performance in 2H24, with revenue likely to maintain high growth in 2025.

We expect that in the second half of 2024, revenue will increase by 30% year-on-year to 8.648 billion yuan, and the net income margin will rise by 0.5 percentage points year-on-year to 0.8%. We anticipate that in the second half of 2024, the company's revenue will increase by 30% year-on-year to 8.648 billion yuan, and the net income will also increase.

China International Capital CorporationJan 10 19:42

SF Express City (09699.HK) has appointed Guan Xiuyan as the legal representative.

On January 10, Gelonghui announced that due to work arrangements, Ms. Chen Shiting will no longer serve as the authorized representative to receive legal process documents and notifications in Hong Kong according to the requirements of the Securities Listing Rules under the Hong Kong Stock Exchange Limited, Section 19A.13(2), and Part 16 of the Companies Ordinance (Cap. 622 of the Laws of Hong Kong), effective from January 10, 2025; and Ms. Guan Xiuyan will be appointed as the legal process representative starting January 10, 2025.

Gelonghui FinanceJan 10 17:58

[Brokerage Focus] SWHY maintains a "Shareholding" rating for SF Express (09699), indicating that the company's future profitability is expected to continue improving.

Jingwu Financial News | SWHY released a Research Report indicating that the bank expects SF Technology (09699) to achieve revenue of 7.683 billion RMB and a Net income of 0.066 billion RMB in the second half of 2024. Considering the company's operating conditions in the first half of the year, the bank has raised its profit forecasts, expecting the company's Net income for 2024E-2026E to be 0.128/0.256/0.461 billion RMB respectively (original forecasts were 0.103/0.223/0.383 billion RMB). The bank stated that in 2024, the company will continue to strengthen its advantages with KA clients, helping brand merchants to expand their stores and delivery range, and optimize the Operation model to help merchants reduce costs and increase efficiency in performance fulfillment.

Jinwu Finance NewsJan 9 15:49 · Ratings

BOCOM INTL has listed the ratings and Target Prices (table) for Chinese internet companies.

BOCOM INTL released a report listing the ratings and Target Prices for Chinese internet stocks: Stock │ Investment Rating │ Target Price Baidu (BIDU.US) │ Buy │ 102 USD iQIYI (IQ.US) │ Buy │ 2.9 USD Bilibili (BILI.US) │ Buy │ 25 USD Kuaishou (01024.HK) │ Buy │ 54 HKD Tencent Music (TME.US) │ Buy │ 14 USD NetEase Cloud Music (09899.HK) │ Buy │ 120 HKD Hello Group (MOMO.US) │ Neutral │ 7.4 USD Guangju (YY.US) │ Neutral │ 38 USD

AASTOCKSJan 9 12:45