Shares of express delivery companies experienced significant gains on Tuesday, with multiple logistics firms posting substantial increases in their stock prices. The sector-wide rally has boosted investor confidence amid expectations of an industry recovery.
Shentong Express led the charge with its shares jumping 10.03% to hit the daily limit-up at 15.14 yuan, pushing its market capitalization to 23.18 billion yuan. Yunda Holdings also performed strongly, rising 7.88% to close at 7.94 yuan, with its market value reaching 23.02 billion yuan.
While the gains were more modest for industry giant SF Holding, its shares still edged up 0.27% to 47.95 yuan, maintaining its position as the most valuable player in the sector with a market capitalization of 242.8 billion yuan. YTO Express saw its shares climb 2.55% to 15.29 yuan, valuing the company at 52.3 billion yuan.
The positive momentum extended to Hong Kong-listed logistics firms as well. JD Logistics advanced 2% to close at 14.28 Hong Kong dollars, with a market value of 94.94 billion Hong Kong dollars. J&T Express gained 3.25% to finish at 10.16 Hong Kong dollars, valuing the company at 90.39 billion Hong Kong dollars. SF Holding's Hong Kong shares rose 1.67% to 45.75 Hong Kong dollars, giving it a market capitalization of 231.6 billion Hong Kong dollars.
This broad-based rally in delivery stocks reflects growing market optimism about the logistics sector's recovery trajectory. Analysts suggest the continued expansion of e-commerce markets provides a strong tailwind for express delivery services, making the industry an attractive prospect for investors seeking growth opportunities.