15th Five-Year Plan: How will China’s low-altitude economy take flight?
From drone logistics to flying cars, the low-altitude economy is seen as a key industry in China’s 15th Five-Year Plan, though the path to commercialization remains uncertain By Lee…
BRIEF: Surging instant retail lifts SF Intra-city profit by over 80%
Local delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699.HK) said on Sunday that it expects to report a profit of at least 238 million yuan ($34 million) for 2025,…
BRIEF: S.F. Holding raises $752 million through share placement, convertible bond
S.F. Holding Co. Ltd. (6936.HK; 002352.SZ) announced on Thursday that it raised HK$2.951 billion ($376 million) through a placement of 70 million new Hong Kong-listed shares priced at HK$42.15 each,…
Growing profits, shrinking market share test ZTO’s strategy
The logistics provider’s market share fell as its parcel volume growth trailed the industry last year, signaling its profit-oriented development strategy was facing headwinds Key Takeaways: ZTO’s parcel volume increased…
BRIEF: SF Intra-city’s profit doubles in 2024
Intra-city delivery company Hangzhou SF Intra-city Industrial Co. Ltd. (9699.HK) on Tuesday said it expects to report its profit for all 2024 more than doubled year-on-year, as its revenue rose…
ZTO fights for market share as parcel pace slows
The Chinese logistics giant posted higher quarterly revenues and profits, but a moderating growth rate for parcel deliveries was a red flag for investors Key Takeaways: ZTO’s parcel volume grew…
FAST NEWS: J&T’s loss narrows on strong Southeast Asia business
The latest: Logistics provider J&T Global Express Ltd. (1519.HK) announced Friday its non-GAAP adjusted loss last year narrowed 71% to 432 million yuan ($60 million). Looking up: J&T‘s revenue grew 21.8%…
