SF INTRA-CITY (09699) saw an intraday increase of over 7%, with cumulative gains for the month approaching 20%. As of the time of writing, the stock was up 6.28%, trading at HK$13.04, with a turnover of HK$35.63 million.
It is noteworthy that during the "Double Eleven" period, SF INTRA-CITY's average daily intra-city delivery orders surged by more than 50% compared to the previous year. By category, catering orders have maintained robust growth since the "food delivery wars," with beverage orders increasing by over 160% year-on-year and fast food orders rising by more than 110%. Additionally, non-food categories such as supermarkets, department stores, cosmetics, and jewelry saw high double-digit year-on-year order growth. Analysts believe that, as a neutral third-party platform, SF INTRA-CITY demonstrated strong performance in its all-channel orders during the major sales event: orders received from platforms including Meituan, Taobao Quick Purchase, JD.com Instant Delivery, and merchants' own platforms all achieved significant growth, and the growth and profit expectations for the food delivery business by 2026 remain positive.
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