Hong Kong Stocks Movement | SF INTRA-CITY (09699) Rises Nearly 4% as Demand for Immediate Delivery Surges During Holidays, Creating a Rare Capacity Barrier

Stock News
2025/10/16

According to reports, SF INTRA-CITY (09699) has seen a nearly 4% increase, currently up by 3.96% at HK$13.38, with a trading volume of HK$13.11 million. The company, which is the largest third-party instant delivery platform in China, reported that during the "National Day" holiday, its average daily intra-city delivery orders surged by 63% year-on-year, with average daily beverage orders soaring by 168%. Additionally, the average daily order volumes for fast food, supermarket goods, and valuable items like jewelry also experienced double-digit growth compared to the previous year. Meanwhile, the "Cultural Tourism + Instant Delivery" model has provided tourists with new experiences, greatly increasing the average daily orders in popular travel destinations such as Harbin, Shanwei, Jingdezhen, and Hohhot. During the double holiday period, the "1-on-1 Urgent Delivery" high-efficiency service has been favored for gifts, with the "Exclusive Delivery" orders on the day of the Mid-Autumn Festival rising over fivefold compared to last year. Changjiang Securities previously noted that SF INTRA-CITY leverages its brand advantage to provide customized solutions for vertical industries, with its service quality and order volume outperforming other third-party logistics platforms, aligning well with brand owners' needs for omnichannel expansion and high-quality delivery. Additionally, the company collaborates with SF Group to reduce costs in the last-mile delivery, effectively complementing instant retail and express delivery schedules. This last-mile service has helped the company accumulate order volume and enhance rider efficiency. The firm believes that with the rapid growth of instant retail and the continuation of a multi-polar traffic trend, the company's profits are expected to accelerate.

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