TOPIC

/ company

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

The SF Centre, SF Reit’s asset in Tsing Yi, Hong Kong. Photo: Handout

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.

13 Aug 2026 - 9:16PM

Hong Kong environmental issues

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

18 Jun 2026 - 1:00PMvideocam

Mainland China

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

11 Jun 2026 - 5:14PM

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.

29 May 2026 - 3:06PMvideocam

The post office in Causeway Bay. Over the past eight financial years, the self-financed government department has racked up HK$2.9 billion in losses. Photo: Jonathan Wong

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.

27 Mar 2026 - 5:52PM

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.

23 Mar 2026 - 6:35PM

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.

16 Mar 2026 - 11:38PM

SF Express will introduce temporary fuel surcharges for local document and parcel deliveries within Hong Kong and Macau, set at HK$1 and 1 pataca, respectively. Photo: Jelly Tse

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.

15 Feb 2026 - 2:30PM

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.

10 Feb 2026 - 4:24PM

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.

4 Dec 2025 - 12:50PM

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.

19 Nov 2025 - 10:44PM

UBTech says it is on track to deliver 500 humanoid robots for industrial use by the end of this year. Photo: Handout

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.

10 Oct 2025 - 8:51PMvideocam

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.

14 Sep 2025 - 8:39PM

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.

22 Jul 2025 - 9:56PMvideocam

Can trips for pets help China’s struggling bus companies? Photo: Shutterstock

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.

26 Jun 2025 - 4:33PM

An SF employee handles parcels at Tai Po Market in Hong Kong on May 13, 2025. Photo: Jelly Tse

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.

19 May 2025 - 5:00PMvideocam

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.

9 Jan 2025 - 12:49PM

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.

5 Nov 2024 - 8:00PM

Autra.tech’s troubles reflect the persistent funding challenges many start-ups face in mainland China. Photo: Autra.tech

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.

14 Apr 2024 - 3:00PMvideocam

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.

10 Mar 2024 - 8:28PMvideocam

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.

30 Dec 2023 - 10:00AM

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.

25 Dec 2023 - 10:00AM

There has been a death of IPOs on Hong Kong stock exchange in 2023. Photo: Yik Yeung-man

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.

19 Dec 2023 - 4:45PM

Electric & new energy vehicles

Ikea-backed Chinese NEV rental firm DST raises US$80 million from new investor

DST Electrical Vehicle Rental has secured US$80 million in funding from new investors, giving a boost to the company’s expansion plans.

13 Dec 2023 - 9:00AMvideocam

IPO

J&T Global Express to raise up to US$520 million as Hong Kong IPO oversubscribed

J&T Global Express, an Asian courier service group based in Shanghai, could raise as much as HK$4.1 billion (US$520 million) from its initial public offering after orders from investors exceeded the shares offered for sale.

26 Oct 2023 - 8:01PM

J&T Express fleet in Vietnam. Photo: J&T Express

IPO

Indonesian courier J&T Global aims to raise US$500 million in Hong Kong IPO

Indonesian courier services start-up J&T Global Express said on Monday it planned to raise up to HK$3.92 billion (US$500.97 million) in Hong Kong, in what is set to be the Hong Kong stock exchange’s second-largest initial public offering (IPO) of the year.

16 Oct 2023 - 4:33PM

Alibaba

Alibaba’s Cainiao to heat up China’s logistics industry after US$1 billion IPO

About a decade after Alibaba founder Jack Ma pushed forward its creation, Cainiao has become one of the world’s top logistics services providers and a big opportunity for global investors when it lists in Hong Kong.

28 Sep 2023 - 2:05PM

ByteDance

Douyin makes aggressive push in food delivery in bid to take on Meituan

The Chinese version of TikTok is expanding to 24 new markets including Shenzhen and Tianjin to capture a larger slice of China’s lucrative food delivery pie.

13 Sep 2023 - 12:49PMvideocam

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SF Express

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.

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

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

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.

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.

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.

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.

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.

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.

.css-1f6sr3w{color:#727272;}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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Ikea-backed Chinese NEV rental firm DST raises US$80 million from new investor

DST Electrical Vehicle Rental has secured US$80 million in funding from new investors, giving a boost to the company’s expansion plans.

J&T Global Express to raise up to US$520 million as Hong Kong IPO oversubscribed

J&T Global Express, an Asian courier service group based in Shanghai, could raise as much as HK$4.1 billion (US$520 million) from its initial public offering after orders from investors exceeded the shares offered for sale.

Indonesian courier J&T Global aims to raise US$500 million in Hong Kong IPO

Indonesian courier services start-up J&T Global Express said on Monday it planned to raise up to HK$3.92 billion (US$500.97 million) in Hong Kong, in what is set to be the Hong Kong stock exchange’s second-largest initial public offering (IPO) of the year.

Alibaba’s Cainiao to heat up China’s logistics industry after US$1 billion IPO

About a decade after Alibaba founder Jack Ma pushed forward its creation, Cainiao has become one of the world’s top logistics services providers and a big opportunity for global investors when it lists in Hong Kong.

Douyin makes aggressive push in food delivery in bid to take on Meituan

The Chinese version of TikTok is expanding to 24 new markets including Shenzhen and Tianjin to capture a larger slice of China’s lucrative food delivery pie.

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