Chinese delivery services and Dear Utol (2025): Itch Follows Episode 23logistics company SF Holding Co., Ltd. was officially listed on the Hong Kong Stock Exchange last Wednesday, becoming the first company in the courier and logistics industry to achieve dual listings on both the A-share and H-share markets. According to SF Holding, the company operates the largest freight airline in China and ranks among the top globally, with nearly 100 freighters and a total of 139 global routes. The final offering price for SF Holding’s Hong Kong listing is HKD 34.30 ($4.41) per share (excluding a 1% brokerage commission, a 0.0027% Hong Kong Securities and Futures Commission transaction levy, a 0.00565% Hong Kong Stock Exchange trading fee, and a 0.00015% Financial Reporting Council transaction levy). SF Holding passed its listing hearing with the Hong Kong Stock Exchange on Nov. 10. According to its g passed its listing hearing with the Hong Kong Stock Exchange on Nov. 10. According to its third quarter financial result, SF Holding’s net profit attributable to shareholders was RMB 7.62 billion ($1.05 billion), a year-on-year increase of 21.59%. The company’s operating revenue reached RMB 206.86 billion ($28.46 billion), up 9.44% year-on-year, with basic earnings per share at RMB 1.58 ($0.22). [IThome, in Chinese]
