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Culture
November 28, 2024
4m read

The SF Express express goes public once more: The logistics behemoth now trading in Hong Kong.

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The SF Express express goes public once more: The logistics behemoth now trading in Hong Kong.


Following a successful ipo, shenzhen-based sf became the first logistics provider to list on both china's a-share and the hong kong stock exchange, and the hong kong stock exchange.


Sf holding started trading at 34.30 hkd (4.41 usd) per share, and the 170 million shares sold, 7 years after going public in shenzhen as a result of a reverse takeover.


Sf is the country's largest comprehensive logistics service, with a price of 35.05 hkd (4.50 usd) at its peak in the morning before falling to 34.30 hkd (21.85 billion usd) as per latest estimates.


Since trading in china has boosted the companies' value, the a+h (a-share and hk) listings have risen in recent years, the companies' valuation has increased in asia and the 4th largest in the world as of 2023, there has been a surge of "a+h" (a-share and hk) listings in recent years, and listing in hong kong has helped boost global growth.


Sf's decision to become the first logistics company to do so reveals its passion and zeal, outperforming its "big four" competitors (st, yto, yunda, and deppon) combined, although the company's growth and reputation are being challenged by more complex competitors such as yto, yto, yunda and deppon) combined.


Sf also faces fierce competition in these emerging markets, despite jd.com's e-commerce empire's e-commerce empire.


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