SF Intra-City Shares Surge Over 9% in Morning Session as Analysts See New Retail Scenes Offsetting High Base Effect

Stock News06-02

SF Intra-City shares surged more than 9% during the morning trading session. The stock rose 9.17%, reaching HK$8.57, with a turnover of approximately HK$29.67 million.

A key development involves a wholly-owned subsidiary of the company planning to invest 213 million yuan into an industrial fund. This fund is focused on intelligent technology, new energy, and logistics technology, which is expected to support the company's strategic positioning and technological synergies in areas such as unmanned delivery, green transportation, and scenario-based services.

Analysts noted that the current share price already fully reflects market apprehensions regarding a potential slowdown in order volume growth for 2026. The expansion of instant retail into new sectors could potentially counterbalance the high base effect from the food delivery segment. The firm's efforts to develop new instant retail scenarios are anticipated to contribute significant incremental growth.

The company is recognized for its strong competitive advantages in city-wide long-distance delivery and standardized one-hour delivery services from warehouses and stores. In 2025, the company's delivery revenue from the supermarket and retail sector grew by over 80% year-on-year.

SF INTRA-CITY (HKEX: 9699)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment