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bullish
S.F. Holding
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Monthly Chinese Express Tracker | Price Pressures Ease | X-Border Re-Accelerates | (September 2024)
Equity Bottom-Up
427 Views
23 Sep 2024 09:58
Heavy price pressure from 2023 and the first half of 2024 has eased, which is positive for margins at all of the listed Chinese express companies. We like laggards SF Holding and Yunda.
What is covered in the Full Insight:
Solid Volume Growth and Easing Price Pressure
Re-acceleration of International Parcel Volume
SF Holding's Volume Growth Lag
Express Share Performance Review
Industry Outlook and Recommendations
SUMMARY
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