J&T Global Express: SF Partnership Unlocks New Growth Avenues and Supports Buy Rating

TipRanksJan 15 18:35 · Ratings

Shenwan Hongyuan: Alibaba's strategic upgrade of Flash Purchase injects strong demand momentum, and the scale benefits of instant delivery are expected to become further prominent.

Alibaba's flash purchase strategy has been upgraded, becoming the core growth driver for on-demand delivery. Under antitrust regulation, full-category on-demand delivery is expected to achieve healthy growth.

Zhitong FinanceJan 15 16:52

The broader environment has facilitated the rise of on-demand delivery, with SF Express Same City emerging as a leading third-party player demonstrating significant growth potential.

Last Friday, while the Hang Seng Index (HSI) showed lackluster performance with a modest increase of approximately 80 points (up 0.32%), SF Express SameCity (9699.HK), China's largest third-party instant delivery service platform, surged nearly 11.60%, closing at HKD 12.13. This represents the highest closing price since November 14, 2025. Trading volume also exceeded 10 million shares for the first time since September 22 of last year, indicating significant market attention. This is likely attributable to recently released data by the company last week. During the New Year holiday period, the daily average order volume for its intra-city delivery service increased by 55% year-on-year, with beverage orders doubling and fast-food orders growing substantially compared to the same period last year.

HK MoneyClubJan 14 09:16

Hong Kong Stock Ratings Summary: CICC Maintains Buy Rating for Alibaba

Cailian Press will regularly compile ratings and target prices from various institutions for Hong Kong stocks.

cls.cnJan 12 15:09

Stock Movement | SF Express同城 (09699) rose over 5% before noon, with average daily order volume for same-city delivery increasing by 55% year-on-year during the New Year period.

SF Same City (09699) rose over 5% in the morning session. As of the time of writing, it was up 5.43%, trading at HKD 11.46 with a turnover of HKD 20.7391 million.

Zhitong FinanceJan 9 11:42

SF同城 registered a 55% year-on-year increase in New Year's Day intra-city delivery orders, collaborating with the Dunhuang Art Research Institute's Divine Horse IP to usher in the new year.

During the New Year's holiday, the consumption model centered on instant retail remained highly popular, with the value of instant delivery becoming fully prominent. Data from SF Express同城, the largest third-party instant delivery platform in China, showed that during the New Year's holiday period, its daily average order volume for同城delivery increased by 55% year-on-year. Specifically, beverage orders doubled, fast food orders surged over 90%, and categories such as supermarkets, cosmetics, and electronics all achieved high double-digit year-on-year growth in order volume. Both dining and non-dining scenarios saw significant increases in order volumes, providing efficient support for holiday consumption and commercial operations. Additionally, this year’s New Year's Eve coincided with both a celebratory milestone and an end-of-year workday, leading to a concentrated release of consumer and business demands.

Gelonghui FinanceJan 6 10:09