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DBS: Hangzhou SF Intra-City Industrial – Initiating Coverage with Buy

Posted on September 9, 2022September 9, 2022 By alanyeo No Comments on DBS: Hangzhou SF Intra-City Industrial – Initiating Coverage with Buy
Riding emerging demands

• Leading third-party on-demand delivery service platform with largest market share, at 11.1% in 1Q21

• Multi-scenario business model with customer-centric solutions to enhance network and scale effects

• Diverse rider pool and advanced technology to ensure efficiency and deepen synergy with SFH  

• Initiate with BUY rating at TP of HK$13.50  

Hangzhou-SF-Intra-City-Industrial_8-Sep-2022_HK_CG-InitiateClick here to Download Full Report in PDF

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Research - Equities Tags:Hangzhou SF Intra-City Industrial

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