SF INTRA-CITY (09699) saw its shares rise more than 8% in afternoon trading. As of the time of writing, the stock was up 8.52%, trading at HK$12.87, with a turnover of HK$35.5469 million.

The increase follows the recent release of Spring Festival consumption data by the third-party instant delivery platform. The data showed that the average daily volume of intra-city delivery orders during the holiday period increased by over 65% year-on-year. Within this, beverage orders surged by more than 150%, orders from supermarkets and department stores doubled, and orders for fast food and cakes grew by over 70% and 60%, respectively. The volume for the one-to-one "Exclusive Delivery" service increased more than sixfold compared to the same period last year.

Notably, SF INTRA-CITY had previously issued a profit alert, forecasting a full-year adjusted net profit of no less than RMB 376 million, representing a year-on-year increase of no less than 158%. The company also expects revenue to reach no less than RMB 22 billion, a growth of no less than 40% year-on-year.

Huachuang Securities stated in a research note that the instant delivery industry is in a phase of high growth. As a leading independent third-party delivery platform, the company's competitiveness is continuously strengthening, with significant dual-flywheel effects both internally and externally. Under the new trend of "everything delivered to your home" in instant retail, the company is poised for even higher growth prospects.