HONG
KONG, Aug. 19, 2024 /PRNewswire/ -- Hangzhou
SF Intra-city Industrial Co., Ltd. ("SF Intra-city" or the
"Group", Stock Code: 9699.HK), China's largest third-party on-demand delivery
service provider, is pleased to announce that, according to the
results of the Hang Seng Index series review announced by Hang Seng
Indexes Company Limited on August 16,
2024, SF Intra-city will be included in the following Hang
Seng Index series. The related changes will take effect from
Monday, September 9, 2024:
（1）Hang Seng Composite Index ("Hang Seng Composite
Index")；
（2）Hang Seng Composite Industry Index - Industrials ("Hang Seng
Composite Industry Index - Industrials")；
（3）Hang Seng Composite MidCap & SmallCap Index ("Hang Seng
Composite MidCap & SmallCap Index")；
（4）Hang Seng Composite SmallCap Index ("Hang Seng Composite
SmallCap Index")；
（5）Hang Seng SCHK Materials & Industrials Index ("Hang Seng
SCHK Materials & Industrials Index")；
This move marks a significant milestone in the development of
the Group's business, which will benefit the Group's trading
liquidity and valuation.
Hang Seng Composite Index is one of the most influential stock
price indices reflecting the Hong
Kong stock market, covering the top 95% of the total market
capitalization of compainies listed on the Main Board of The Stock
Exchange of Hong Kong. It provides
a comprehensive indicator of the Hong
Kong market. Hang Seng Composite Index can be used as a
basis for issuing index funds, mutual funds, and performance
benchmarks, aiding both global and local investors in formulating
investment strategies. Following the inclusion of
SF Intra-city in the Hang Seng Composite Index, Hang Seng
Composite Industry Index – Industrials, Hang Seng Composite
MidCap & SmallCap Index, Hang Seng Composite SmallCap Index and
Hang Seng SCHK Materials & Industrials Index, the Group's
stocks will be eligible for trading on "Stock Connect," which is a
channel for stock trading and investment between investors in
Hong Kong and Mainland China's
capital markets.
Hang Seng Stock Connect Hong Kong Index aims to reflect the
overall performance of the securities listed in Hong Kong that are eligible for trading via
the southbound trading link of Stock Connect.The index's selection
scope includes eligible stocks traded through Stock Connect, with
additional liquidity filtering, aiming to provide a more investable
index for Mainland Chinese investors. For more details, please
visit the Hang Seng Indexes Company Limited website
(http://www.hsi.com.hk) for related index announcements.
Since its listing on the Main Board of the Hong Kong Stock
Exchange in 2021, SF Intra-city has continuously grown its business
revenue and profitability, achieving impressive performance and
further unlocking investment value. Looking ahead, SF Intra-city
will actively seize market opportunities through the continuous
penetration of diversified traffic, development of local retail,
acceleration of intra-city logistics, and expansion of third-party
on-demand delivery services. The Group is committed to large-scale
expansion, covering various scenarios, providing excellent
services, and establishing a solid network to enhance its medium-
to long-term revenue and profit potential. Additionally, the Group
will adapt to evolving consumer trends by focusing on serving
customers, industries, and society, creating more flexible income
opportunities, and delivering broader value to our customers and
shareholders.
View original
content:https://www.prnewswire.com/news-releases/sf-intra-city-9699hk-to-be-included-in-hang-seng-composite-index-is-expected-to-enter-stock-connect-on-9th-september-302225048.html
SOURCE SF Intra-city