On November 14, SF Express successfully passed the Hong Kong Stock Exchange listing hearing, and will soon become the “first share of instant logistics in the same city” for Hong Kong stocks.
SF Express was the first in the same city $S.F. Holding (002352.SZ)$One of its divisions began to get involved in the same city distribution business in 2016, and only began independent and corporate operations in 2019. The “SF Express Express” company was established, and plans to go public by 2021. It only took five years.
It is worth mentioning that on May 17, c $SF REIT (02191.HK)$Officially listed and traded on the Hong Kong Stock Exchange, becoming the first domestic real estate investment trust to be listed in Hong Kong and focused on logistics; on September 28, a wholly-owned subsidiary of SF Express Holdings completed the acquisition of Kerry Logistics.
If $SF INTRA-CITY (09699.HK)$Successful listing will follow SF Holdings, SF Housing Trust, $KLN (00636.HK)$After that, it was the fourth listed company in the hands of SF Express President Wang Wei.
It only took 5 years from establishment to listing
In the new era of consumption, people are increasingly willing to pay for “saving time, trouble, and effort”. Consumer demand for consumption upgrades and brands' demand for service upgrades have together driven distribution logistics upgrades. When “being able to deliver” was no longer a problem, diversified and personalized delivery services began to increase.
As a result, SF Express entered the third-party delivery circuit, targeting the four major markets...