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SF Express
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 / company

SF Express

SF Express
SF Express
The latest news, analysis and opinion on SF Express. In-depth analysis, industry insights and expert opinion.
Chairman / President
Wang Wei
CEO / Managing Director
Wang Wei
CFO / Finance Director
He Jie
Industry
Logistics, Courier Services
Website
sf-express.com
Headquarters address
No. 1 Lingnan Road, Bao'an District, Shenzhen, Guangdong, China
Stock Code
SZSE:002352
Year founded
1993
A SF Express staff handle parcels at Tai Po Market. In 2026, six SF Express Hong Kong self-pickup stores joined the department’s on-site recycling project. Photo: Jelly Tse
Watsons Waters has been promoting recycling machines in local supermarkets. Photo: Winson Wong
Mainland China

Nearly 150 firms in Hong Kong cut packaging waste equal to weight of 900 buses

Authorities honour firms for green efforts at award ceremony, including A-1 Bakery, Watsons Water and SF Express Hong Kong.

Education in Hong Kong

Letters | What Hong Kong educators can learn from Yidan Prize winners

Crime in Hong Kong

Fake customer service drives 56% jump in phone scam losses to HK$900 million

Gold in Hong Kong

In Focus | Hong Kong is trying again to be a gold trading hub. Will it succeed this time?

De-dollarisation tailwinds, ecosystem buildout and mainland China’s support plus foreign backing give city’s ambitions credible momentum.

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Illustration: Dennis Yip
Gold in Hong Kong

Hong Kong gold imports fall 18% in July as mainland giants rush to build vaults

While monthly shipments cool from record highs, banks and logistics giants are racing to secure physical space for the city’s rising bullion trade.

Hong Kong stock market

SF Reit reports 7.3% drop in distributable income for first half of 2026

Company’s logistics assets were 96.8 per cent occupied as of the end of June, with macroeconomic headwinds and lease expirations looming.

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Hong Kong environmental issues

Green group urges Hong Kong to cut excessive e-commerce packaging waste

The Green Earth urges Hong Kong to align with mainland Chinese packaging limits after study estimates city generated 2.7 million kg of waste.

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Steven Chan (left), assistant environmental affairs manager at The Green Earth, and Iris Chiu, the NGO’s environmental affairs officer, at a press briefing calling for the reduction of plastic packaging. Photo: Elson Li
A package sorting line at an express delivery company in Huzhou, Zhejiang province. Photo: Xinhua
A worker photographs parcels wrapped in plastic bags and sacks to be delivered at a Hong Kong estate. Photo: Karma Lo
Mainland China

J&T Express faces risk of tougher penalties as China opens formal safety probe

Investors are concerned about the impact of heavier penalties, higher compliance costs and safety oversight amid the probe.

Hong Kong society

Death of Hongkong Post? Mounting losses, dwindling demand cast shadow over service

Government has proposed HK$4.6 billion lifeline for operator after years of losses amid changing business environment.

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Hong Kong transport

Greater Bay Airlines to raise fuel charges by 34%, joining other Hong Kong carriers

Fee for destinations other than mainland China to hit HK$389, while courier SF Express will review fuel surcharge on weekly basis from April.

A Greater Bay Airlines plane at Haikou Meilan International Airport in mainland China. Photo: Getty Images
Hong Kong economy

Hong Kong to raise postage rates from April 13 amid surging oil prices

Postage for local letters to go up by 9 per cent to HK$2.40, while increases for 90 per cent of airmail will be within 50 HK cents.

Hong Kong residents in the queue at the General Post Office in Central. Photo: Jelly Tse
Hong Kong economy

Airlines’ soaring cargo fuel surcharges spark fears of profiteering

Surge in global oil prices also prompts courier SF Express to impose temporary fuel surcharges within Hong Kong and Macau.

Artificial intelligence

Beijing warns tech giants to curb ‘involution’ amid AI giveaway war

Companies should ‘uphold a fair and competitive’ environment to ‘foster innovation and healthy development’, regulator says.

E-commerce

China calls on delivery, ride-hailing firms to respect gig-worker rights

Meituan, Alibaba, Didi Chuxing among 16 firms summoned for guidance session on rights of country’s more than 200 million gig workers.

A delivery driver rushes with an order on February 8, 2026, in Beijing. Photo: Getty Images
China Future Tech briefing

Aerospace | Flying cars take off as China extends drone-market domination

Chinese electric-vehicle makers are branching into making flying cars, adding to the nation’s booming low-altitude economy.

Flying cars take off as China extends drone-market domination
Robotics

UBTech’s 2026 humanoid robots production to grow 10-fold to 5,000

Production cost is falling 20 per cent every year, says UBTech’s chief branding officer Michael Tam during an interview with the Post.

Hong Kong transport

SF Express looks at drone deliveries between Hong Kong, 4 mainland China cities

Courier looking at using Hong Kong as a core base and connecting with Shenzhen, Dongguan, Guangzhou and Zhuhai.

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Hong Kong transport

Drone sends medical supplies from Hong Kong Island to Cheung Chau in 20 minutes

Transport chief lauds pilot project, with delivery time significantly cut from 65 minutes by ferry.

The pilot project aims to deliver medical supplies from Hong Kong Island to Cheung Chau, flying a 12km route between Cyberport in Southern district and St John Hospital. Photo: Handout
China's economic recovery

China’s public bus companies look to curb losses with pet rides, postal delivery

Public bus companies activate their idle fleet capacity, turning underutilised resources into new revenue streams.

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Hong Kong stock market

Chinese courier SF to raise US$752 million via Hong Kong shares, bonds

The transactions represent Shenzhen-listed SF’s first offshore fundraising since its initial public offering in Hong Kong in November.

Robotics

China’s industrial robot output soars, as Unitree and UBTech take lead

Production of industrial robots in April outpaced increases seen in earlier months amid national enthusiasm around the technology.

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A UBTech humanoid robot picks up an object during a demonstration simulating a factory’s assembly line. Photo: Reuters
Transport and logistics

Indonesia a magnet for Chinese logistics, supply chain operators: SF group

A growing economy, with multilingual talent and vast geographical expanse, makes Indonesia a good choice for expansion, SF unit says.

Indonesia offers big opportunities for Chinese logistics firms seeking to grow out of cutthroat competition at home. Photo: Mia Castagnone
Autonomous vehicles

Chinese self-driving truck start-up Autra.tech scales down operations

Financing issues and potential US sanctions prompt Autra.tech to cut salaries of staff, cancel new development and suspend delivery orders.

Greater Bay Area

Drone delivery service launches in China’s Greater Bay Area

Flight between Zhongshan and megacity of Shenzhen takes around 45 minutes and costs 40 yuan (US$5.60) per order, according to UAV-maker Phoenix Wings, which is backed by Chinese logistics giant SF Express.

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Two Sessions 2024

Work-life balance urged to protect China’s workers from ‘invisible overtime’

With China faced with a faltering employment environment, Chinese People’s Political Consultative Conference delegate Lyu Guoquan says the idea of ‘offline rest’ should be added to its labour laws.

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Employees should not work more than eight hours per day, or 40 hours per week, on average, according to China’s labour laws. Photo: Xinhua
Hong Kong stock market

Hong Kong IPOs: here’s what’s in store in 2024 after a miserable 2023

Hong Kong’s IPO ranking sank to the 8th this year. But analysts are confident the stock exchange can shrug off a dismal year, pointing to potentially lower rates next year and China’s policy boost for the economy.

Illustration by Henry Wong
IPO

Cainiao, Midea, SF and Movoi among hotly anticipated Hong Kong IPOs of 2024

After a lacklustre year for fundraising in Hong Kong, market participants are pinning their hopes on a turnaround in the primary market, expecting companies to revive dormant IPO plans.

Business of climate change

China urges couriers to go green as packaging waste piles up amid e-commerce boom

China’s decarbonisation campaign has its cross hairs trained on the country’s mountain of discarded courier packaging material created by a boom in e-commerce at a time when Beijing is scrambling to meet its ambitious climate goals.

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