STO & Yunda May Report Operating Losses in Q423, Hampering Their Ability to Invest & Grow in '24
Plummeting prices and already-low profitability could force second-tier Chinese express names STO and Yunda to be part of industry consolidation in...
366 Views
Monthly Express Tracker | Prices Continue to Slide | Volume Pops | (May 2023)
In April, express volume shot up 36% against easy Y/Y comps, but ASPs deepened their recent decline. We believe pricing will continue to...
442 Views
Beyond ASP Declines, Additional Dynamic Undermines Yunda | We Explain Roles of STO, BABA, CaiNiao
A loss of volume share to rival STO is adding to existing margin pressure at Yunda related to declining prices. This new dynamic could be related...
417 Views
SF Holding Pre-IPO: Dominance in Domestic Time-Definite (Air) Express Is a Durable Differentiator
SF Holding's exposure to China's domestic time-definite (air) express services segment is a positive differentiator that sets it apart from all of...
438 Views
Which Hong Kong E-Comm Logistics IPO Is Right for You? We Compare SF Holding, J&T, and CaiNiao
On Sunday June 2, SF Holding announced via a notice at the Shenzhen Stock Exchange that it plans to sell up to 625 mn new shares in a secondary...
803 Views