HK Stock Market Move | SF INTRA-CITY (09699) rises more than 8% in the afternoon. The daily average volume of same-city delivery services during the Spring Festival increased by more than 65% year-on-year.

SF INTRA-CITY (09699) rose more than 8% in the afternoon, up 8.52% at the time of publication, reporting 12.87 Hong Kong dollars, with a turnover of 35.5469 million Hong Kong dollars. On the news front, recently, the third-party instant delivery platform SF INTRA-CITY released Spring Festival consumption data, with the daily average volume of same-city delivery service orders increasing by more than 65% year-on-year, including a more than 150% year-on-year increase in beverage orders, a doubling year-on-year increase in supermarket and department store orders, and a more than 70% and 60% year-on-year increase in fast food and cake orders, respectively. The daily volume of the "exclusive delivery" service has increased by more than 6 times year-on-year. It is worth noting that SF INTRA-CITY previously reported a profit increase, expecting the annual adjusted net profit to be no less than 376 million yuan, an increase of no less than 158% year-on-year, with revenue expected to be no less than 22 billion yuan, an increase of no less than 40% year-on-year. Huachuang Securities released a research report stating that the instant delivery industry is in a high-growth stage, with the company as a leading independent third-party delivery service provider strengthening its competitiveness and showing significant internal and external synergy in the new journey of instant retail. It is expected to demonstrate higher growth potential.