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The latest update is out from S.F. Holding Co., Ltd. Class H ( (HK:6936) ).
S.F. Holding Co., Ltd. has entered into a reciprocal share subscription arrangement with logistics peer J&T Express to deepen their strategic collaboration, highlighting the company’s continued push to strengthen its regional network and partnerships within the competitive logistics sector. Under the deal, S.F. will subscribe to 821,657,973 new J&T Class B shares for approximately HK$8.30 billion, representing about 8.45% of J&T’s enlarged share capital post-treasury share cancellation, while J&T will subscribe to 225,877,669 new H shares of S.F. for an equivalent amount, giving it around 4.29% of S.F.’s enlarged share capital; the inter-conditional transactions are below Hong Kong notifiable and connected transaction thresholds, and remain subject to conditions precedent, with the company cautioning investors that completion may or may not proceed.
The most recent analyst rating on (HK:6936) stock is a Buy with a HK$39.00 price target. To see the full list of analyst forecasts on S.F. Holding Co., Ltd. Class H stock, see the HK:6936 Stock Forecast page.
More about S.F. Holding Co., Ltd. Class H
S.F. Holding Co., Ltd. is a leading express delivery and logistics company in China, listed in Hong Kong via its H shares, providing comprehensive logistics and supply chain services to domestic and international customers across e-commerce, retail and industrial sectors.
Average Trading Volume: 2,186,517
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$208.5B
Find detailed analytics on 6936 stock on TipRanks’ Stock Analysis page.