Fullgoal CSI Modern Logistics ETF

SF Holding Spends 163 Million Yuan to Repurchase 4.59 Million A Shares

COSCO SHIPPING Holdings spends approx 36.41 million HKD to repurchase 2.49 million shares

COSCO SHIPPING Energy Transporting to Lease 4 VLCCs for 60-63 Months with Rental of approx. 2.7 Billion RMB

COSCO SHIPPING Holdings Repurchases 2.49 Million H-Shares on May 18

COSCO Shipping Two Vessels Successfully Pass Through Strait of Hormuz

China COSCO Shipping Holdings repurchased 2.41 million shares for HKD35.2645 million

JPMorgan Maintains Overweight Rating on Cosco Shipping Holdings Q1 Results

Cosco Shipping repurchased 2.35 million H-shares in HKEX

First 24000TEU Methanol Container Ship Named by OOCL

Cosco Shipping Holdings repurchased 1.7475 million shares

Cosco Shipping Holdings to Hold 2026 Annual General Meeting

JPMorgan Maintains Overweight Rating on COSCO Shipping Holdings

Cosco Shipping Holdings Announces Repurchase of 2.27 Million H Shares

JPMorgan downgrades SF Holding's target price but maintains overweight rating

Morgan Stanley Downgrades COSCO Shipping Holdings Stock

COSCO Shipping Holdings Q1 Operating Data Shows Strong Resilience

Daqin Railway released FY2025 Annual Earnings on April 29 After-Market (BJT), actual revenue CNY 77.64 B (forecast CNY 76.09 B), actual EPS CNY 0.2961 (forecast CNY 0.3479)

Daqin Railway released FY2025 Q4 earnings on April 29 After-Market (BJT), actual revenue CNY 20.59 B (forecast CNY 20.61 B), actual EPS CNY -0.0175 (forecast CNY 0.0724)

Beijing-Shanghai High Speed Railway released FY2026 Q1 earnings on April 29 Pre-Market (BJT), actual revenue CNY 10.56 B (forecast CNY 10.81 B), actual EPS CNY 0.0642 (forecast CNY 0.0654)

Daqin Railway released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue CNY 18.57 B, actual EPS CNY 0.12

Pinned News

置顶新闻

ZTO EXPRESS-W Shrs Narrow Late-session Loss; CLSA: Mkt Share Recovery on Track; Outperform Rating Kept

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ZTO EXPRESS-W shares fell 3.28% to HKD174.1 after a brief slump. In Q1, revenue rose 22% YoY to RMB13.282 billion, while net profit increased 6.3% YoY to RMB2.118 billion, impacted by reduced government subsidies. CLSA maintains an Outperform rating, forecasting continued market share gains despite slowing industry growth. The company is expected to enhance profitability through improved service quality and digital tools.

- ZTO EXPRESS-W (02057.HK) experienced a decline of 3.28%, closing at HKD174.1 after reaching a low of HKD166.4, with significant trading activity.  
- In the first quarter, the company reported revenue of RMB13.282 billion, a 22% increase YoY, while net profit grew 6.3% YoY to RMB2.118 billion, impacted by reduced government subsidies and tax rebates.  
- CLSA maintains an Outperform rating on ZTO EXPRESS-W, expecting market share gains and stable profitability, despite industry parcel volume growth slowing to single digits.

AASTOCKS News

ZTO Express

ZTO EXPRESS-W

China Southern CNI Transportation Industry ETF

Yinhua CSI Modern Logistics ETF

ChinaAMC CSI All Share Transportation ETF

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The DOJ has indicted four shipping container manufacturers for allegedly conspiring to fix prices and restrict output for over four years, leading to a significant increase in profits. The companies involved include Singamas Container Holdings, China International Marine Containers, Shanghai Universal Logistics Equipment, and CXIC Group Containers. The indictment also includes multiple executives from these firms, with charges under the Sherman Antitrust Act. The DOJ claims this scheme began in March 2019 and severely impacted global supply chains during the Covid pandemic.

MorningStar

CIMC

COSCO SHIP HOLD

Cosco Ship Hold

COSCO SHIPPING Development

SINGAMAS CONT

DOJ Accuses Four Manufacturing Firms of Fixing Shipping Container Prices

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SF HOLDING-0.060 (-0.181%) Short selling $2.38M; Ratio 6.759% announced that its combined revenue from express logistics, supply chain and international businesses in April amounted to RMB25.376 billion (RMB, same below), representing a YoY increase of 6.11%. Among which, revenue from the express logistics business rose 2.12% YoY to RMB18.385 billion, while revenue from the supply chain and international business increased 18.25% YoY to RMB6.991 billion. (ad/da)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-19 16:25.)

SF Holding

SF HOLDING

First Trust NasdaqTransport

SF HOLDING  Apr Combined Revenue Up 6.11% YoY

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CLSA's research report highlights that ZTO EXPRESS-W is expected to regain market share by 2026, with a projected net profit of RMB2.3 billion and a business volume growth of approximately 14% in Q1. The firm maintains an Outperform rating with a target price of HKD216, citing attractive valuation at about 10x forecast PE for FY2026. Additionally, CLSA is optimistic about J&T EXPRESS-W's overseas expansion, also assigning it an Outperform rating with a target price of HKD13.6.

- CLSA's report indicates that the "anti-involution" measures in China's express delivery industry are yielding positive outcomes, particularly for ZTO EXPRESS-W, which saw a 14% growth in business volume in Q1.  
- With a projected net profit of approximately RMB 2.3 billion, ZTO EXPRESS-W is expected to regain market share in 2026 and maintain stable profitability, leading to an attractive valuation at about 10x forecast PE for FY2026.  
- CLSA has maintained an Outperform rating on ZTO EXPRESS-W with a target price of HKD 216 and expressed optimism for J&T EXPRESS-W, also assigning it an Outperform rating with a target price of HKD 13.6.

J&T EXPRESS-W

Proshares Supply Chain Logistics ETF

SPDR S&P Transp

Sonicshares Global Shipping ETF

Pacer Industrials and Logistics ETF

US Global Sea to Sky Cargo ETF

iShares US Transportation ETF

CLSA Expects ZTO EXPRESS-W  to Regain Market Share; Bullish on J&T EXPRESS-W Overseas Expansion Potential

Lalamove showcased the phased results of its "Low-altitude Economic Regulatory Sandbox" in Hong Kong, successfully conducting deliveries with drones in complex urban environments, demonstrating its potential in the development of the low-altitude economy. The company has partnered with Future Wing and conducted over 200 drone delivery tests, showing an improvement in delivery efficiency of nearly 60% and a reduction in costs by 40%. Lalamove plans to expand its drone logistics solutions to international markets, supporting the country's "14th Five-Year Plan."

HKSTP

Lalamove showcases the phased results of the "Low-altitude Economy Regulatory Sandbox"

Yues International Holdings Group Limited has announced a delay in completing its acquisition of Hangzhou Yihang Logistics Co., Ltd. The completion deadline has been extended from April 30, 2026, to May 31, 2026, due to the need for additional time to finalize changes in industrial and commercial registration. This acquisition is part of Yues International's strategy to expand its logistics operations in mainland China. The company has passed preliminary government reviews, and all other terms of the transaction remain unchanged.

Tip Ranks

YUES INTL HLDG

Yues International Delays Completion of Hangzhou Logistics Acquisition to May 31

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COSCO Shipping Holdings has announced a $2.2 billion investment in 12 LNG dual-fuel container ships, marking its third major order this year. The vessels, to be built by CSSC Hudong-Zhonghua Shipbuilding Group, aim to enhance COSCO's capacity and competitiveness on key trade routes. Deliveries are expected between 2028 and 2030. Despite a 50% drop in net profit in Q1 due to falling freight rates, COSCO's container throughput rose 6.7% year-on-year. Shares of COSCO Shipping fell 1.7% in Shanghai following the announcement.

Yicai

CSSC Holdings

OOIL

China's COSCO Shipping Orders 12 LNG Dual‑Fuel Container Ships for USD2.2 Billion

SPS, a leading outsourcing provider, has earned multiple distinctions from the IAOP as part of its 2026 Global 100 list. Recognized for excellence in customer impact, ESG leadership, and sustained operational performance, SPS has been awarded in categories such as Customer References and Programs for Social Impact. The recognition underscores SPS's commitment to delivering measurable business outcomes and innovative solutions in business process outsourcing and workplace solutions. CEO Dan Moscatiello emphasized the company's dedication to client success and operational excellence.

prnewswire

03:00 ETSPS Earns Multiple IAOP Global 100 Distinctions for Customer Impact, ESG and Sustained Excellence

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CN Logistics International Holdings Limited has scheduled its annual general meeting for May 29, 2026, where shareholders will vote on the adoption of the 2025 audited financial statements and a final dividend of HK1 cent per share. The agenda includes re-election of directors, setting directors’ pay, re-appointment of KPMG as auditor, and a share buy-back mandate of up to 10% of issued shares. This buy-back could enhance earnings per share and support capital management in a competitive market.

CN LOGISTICS

CN Logistics Sets 2026 AGM to Approve Dividend, Auditor and Share Buy-back Mandate

FAR International Holdings Group Company Limited has added a proposal to re-elect Mr. Wang Tiantian as an executive director to its annual general meeting agenda, scheduled for May 7, 2026, in Hangzhou. Shareholders are advised to use a revised proxy form to reflect this additional item. The board composition remains unchanged aside from this proposal, emphasizing the company's commitment to continuity in executive leadership.

FAR INTL

FAR International Adds Director Re-Election to AGM Agenda

ASMO, a joint venture between Aramco and DHL Supply Chain, has expanded its MRO procurement scope with over 90 new agreements, bringing the total to over 56,000 material items. The initiative aims to enhance procurement efficiency and visibility, with plans to oversee $8 billion in annual procurement by 2030. The phased rollout will include additional categories and a digital eMarketplace by 2027, supporting Saudi Arabia's Vision 2030 objectives for economic diversification and resilience.

Fullgoal CSI Modern Logistics ETF(516910.SH)