BRIEF: SF Intra-city stock included in Mainland Connect programs
9699.HK
Intra-city parcel delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699.HK)announced that its shares were approved for inclusion in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect programs effective Tuesday. The stock opened slightly higher on Tuesday, and was up 3.8% early in the afternoon session.
SF Intra-city said its inclusion in the two programs will increase its public visibility and improve its stock’s liquidity. Under the programs, participating Hong Kong-listed stocks are available for trading by Mainland Chinese investors through the Shanghai and Shenzhen stock exchanges.
By Lau Chi Hang
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