HK Stock Market Move | SF INTRA-CITY (09699) rises by more than 8%, the instant delivery industry has demand driving force, the company's business growth and profit expectations are positive.

SF INTRA-CITY (09699) rose by more than 8%, as of the time of writing, it increased by 7.65% to 15.77 Hong Kong dollars, with a transaction value of 88,592.6 million Hong Kong dollars. On the news front, Shenwan Hongyuan Group pointed out that on January 9th, the State Council's Anti-Monopoly and Anti-Unfair Competition Committee stated that they will conduct an investigation and evaluation of the market competition in the food delivery platform service industry based on the Anti-Monopoly Law of the People's Republic of China. The bank believes that competition in the instant retail sector is becoming more compliant, and is expected to drive the development of higher-value categories from food and tea to more premium categories, providing more growth opportunities for the logistics side. High-frequency subsidies have successfully cultivated user consumption habits, and an increase in investment intensity will directly drive the growth of the scale of instant delivery orders, becoming a key source of industry demand growth. During the New Year holiday period in 2026, the company's daily average volume of same-city deliveries increased by 55% compared to last year. The volume of beverage orders doubled year-on-year, and the volume of fast food orders increased by over 90%. Categories such as supermarkets, department stores, beauty products, and electronics all achieved high double-digit growth in volume year-on-year. The volume of food and non-food scenes increased significantly, providing support for holiday consumption and commercial operations. Shenwan Hongyuan Group believes that the platform competition is beneficial to third-party logistics service providers. SF INTRA-CITY's independent third-party value is significant, benefiting from the overflow of orders in the food delivery "battle", with business growth and profit expectations on the rise.