Huatai Securities: Anti-inward allocation and peak season resonance, recommending the e-commerce logistics sector.

Huatai Securities research report believes that the trend against overwork and the peak season resonate together, recommending the e-commerce logistics sector. Although August is traditionally the off-season for e-commerce logistics, the trend against overwork is boosting industry prosperity. Looking ahead, with the peak season approaching, the certainty of price increases continuing until the end of the year is high, and it is optimistic about the sector's profit elasticity exceeding expectations. In the medium to long term, the gradual implementation of social security and the standardized development of the industry are expected to lift the valuation center.