BUZZ-Courier group S.F. Hong Kong at record high as May revenue rises

Reuters
Jun 20
BUZZ-Courier group S.F. Hong Kong at record high as May revenue rises

** Hong Kong shares of S.F. Holding 6936.HK jump nearly 8% to HK$48.8, their highest since listing and on track for the biggest one-day pct gain since debut on November 27, 2024

** Shenzhen stock 002352.SZ rises 4% to 51.13 yuan, highest since May 2023

** The Chinese express delivery group says its May revenue from courier logistics operations up 13.4% y/y while revenue from supply chain and international business up 11.3% y/y

** Hang Seng Commerce & Industry Index .HSNC climbs 0.5%, Hang Seng Index .HSI gains 0.8%

** YTD, Hong Kong shares up 43.6%, Shenzhen stock up 26.5%

($1 = 7.1808 Chinese yuan renminbi)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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