浮现高瓴身影。 作者丨陈美 来源丨 投中网 刘强东最近可谓是动作频频，在海外开启"买买买"模式。 最新消息显示，京东旗下基础设施投资与资产管理平台——京东产发，将与瑞士合众集团、高瓴支持的Eza Hill，从凯德腾飞 房产信托手里收购新加坡四处物流资产，交易价格为3.06亿新元，约17亿元。这意味着刘强东又出手了。 值得一提的是，除了与高瓴支持的Eza Hill一起搞收购，高瓴本身也是京东产发，以及母公司京东集团的投资人。CVSource投 中数据显示，在京东产发仅有的两轮融资中，高瓴资本均现身支持，参与前者A轮、B轮融资，两轮融资共计完成15亿美元金 额。 而在京东集团的早期融资中，高瓴资本也作为C轮融资的投资人，参与到当年9.61亿美元的融资。 17 亿元，刘强东又买了 将投中网设为"星标⭐"，第一时间收获最新推送 其中，位于新加坡班丹大道的Senkee，是上述四项物流资产中规模最大、价值最高的物流枢纽，总建筑面积约87,842平方米， 售价达1.4亿新元，约占总交易价的一半。 位于乌美路、樟宜南街、裕廊东大厦的物流仓库，有明显的产业和地域优势。乌美路作为新加坡重要的工业区域，汇聚了众多 电子、精密制造等 ...

历经9个月的漫长"恢复"，物流资本市场迎来久违的曙光。 每日经济新闻旗下每经未来商业智库自2021年5月起，定期推出"未来商业-物流产业市值榜"（点击专题 直达）。在我们最新统计的覆盖快递快运、物流科技、即时配送以及同城货运等多维度的25家快递物流 公司中，近八成企业市值收获巨大修复。特别是多家物流科技公司，年内（截至9月4日，下同）市值涨 幅较大。其中，东杰智能（300486）市值涨幅达289.04%，以121亿元市值一跃登上11家物流科技公司 之首。 去年股价持续受挫的极兔速递，年内市值涨幅达55.95%，市值总排名超越京东物流；满帮集团年内市 值涨幅达23.93%，挺进物流企业市值总榜第三，仅次于顺丰、中通。而7月以来，行业"反内卷"蔚然成 风，尽管快递企业披露的2025年半年报普遍"增量不增收"、利润下滑、单票收入下降，但快递公司今年 以来市值普遍增长。 另一方面，"通达系"之首中通快递年内市值下降4.23%；即时配送公司闪送市值跌去63.3%，仅剩15亿 元；百世集团和达达退市，市场出清、业务兼并的步子没有停下。充分竞争的快递物流、即时配送市 场，下半年形势依然严峻。 不过，电商"双11"大促日益临 ...

恒瑞医药 中国电信 比亚迪 恒瑞医药 中国电信 泡泡玛特 分时图 日K线 周K线 月K线 72.47 3.82 5.56% 6.13% 4.09% 2.04% 0.00% 2.04% 4.09% 6.13% 64.44 65.84 67.25 68.65 70.05 71.46 72.86 09:30 10:30 11:30/13:00 14:00 15:00 0 70万 139万 209万 恒生指数公司8月22日发布的季检结果即将于9月5日收市后实施，并于下周一(9月8日)生效。据此前结 果显示，中国电信(00728)、京东物流(02618)、泡泡玛特(09992)将被纳入恒生指数成份股，成份股数目 将由85只增加至88只。季检后，新纳入指数的股票通常会吸引被动资金流入，从而导致相关个股出现成 交量急剧放大和价格波动，新纳入的个股有望在调仓窗口获得增量资金青睐。 另外，泡泡玛特还被纳入恒生中国企业指数，该指数成份股数量维持在50只不变。中国食品(00506)、 恒瑞医药（600276）(01276)等将被纳入恒生综合指数成份股，冠城钟表珠宝(00256)、思派健康(00314) 等将被剔除。成份股数目由50 ...

据介绍，这些京东快递员来自北京不同片区，在一线岗位上深耕不辍，凭借出色表现收获多项荣誉，更 是千万劳动者中"美好生活的传递者"。京东物流金融街站快递员魏团结，扎根北京7年，累计送出快递 超30万件，创下0投诉的亮眼纪录，与100多位北京社区老人处成了"忘年交"，还荣获2024年首都劳动奖 章，当选2025年北京市劳动模范。谈及现场观礼的感受，魏团结难掩激动："外公生前总跟我念叨，他 的弟弟牺牲后被评为了革命烈士。今天在现场，我更加体会到幸福生活的来之不易。" "当阅兵部队从眼前经过，我心里满是自豪。作为一名普通快递员，公司给的保障越来越好，底气也越 来越足，能够来现场观礼我感到万分荣幸。"回忆起上午观礼时的场景，北京潘家园站的快递员臧继全 "京东小哥"魏团结现场观礼 原标题："深感自豪、骄傲！"多名京东物流快递员受邀登上九三阅兵观礼台 9月3日，纪念中国人民抗日战争暨世界反法西斯战争胜利80周年大会在北京天安门广场隆重举行。据京 东集团消息，来自京东物流的臧继全、魏团结、冯玉滨、宋学文、栾玉帅、李豪、闫贺等多位快递行业 优秀代表，满怀自豪和喜悦的心情登上观礼台，亲历这一光荣时刻。 荣耀和自豪同在 "京东小哥" ...

JD Logistics, Inc. 京東物流股份有限公司 (A company incorporated in the Cayman Islands with limited liability) （於開曼群島註冊成立的有限公司） 目錄 公司資料 2 財務摘要 4 首席執行官報告 5 管理層討論及分析 13 其他資料 23 簡明合併財務報表審閱報告 37 簡明合併損益表 38 簡明合併綜合收益表 39 簡明合併財務狀況表 40 簡明合併權益變動表 42 簡明合併現金流量表 43 簡明合併財務報表附註 45 釋義 73 公司資料 董事會 執行董事 胡偉 （首席執行官） 非執行董事 顧宜 吳燕安 趙先德 張揚 葉林 鄧以海 （於2025年8月14日獲委任） 審計委員會 顧宜 （主席） 吳燕安 趙先德 薪酬委員會 趙先德 （主席） 顧宜 葉林 提名委員會 劉強東 （主席） 獨立非執行董事 劉強東 （主席） 葉林 張揚 公司秘書 趙明璟 授權代表 胡偉 趙明璟 核數師 德勤‧關黃陳方會計師行 執業會計師 註冊公眾利益實體核數師 註冊辦事處 PO Box 309 Ugland House Grand Cayman, ...

Group 1 - The Hang Seng Index Company will implement its quarterly review results on September 5, increasing the number of constituent stocks from 85 to 88, with China Telecom, JD Logistics, and Pop Mart being newly included [1] - The inclusion of these stocks is expected to attract passive fund inflows, leading to significant increases in trading volume and price volatility for the newly added stocks [1][2] - Pop Mart will also be included in the Hang Seng China Enterprises Index, while stocks like China Foods and Hengrui Medicine will be added to the Hang Seng Composite Index, increasing its constituent stocks from 502 to 504 [1] Group 2 - The adjustment of the index is likely to influence the liquidity and stock price performance of the related stocks due to the actions of passive funds tracking the indices [2] - Historical data suggests that active funds may position themselves ahead of the announcement, leading to noticeable volatility in the related stocks before the implementation date [2] - The Hong Kong stock market is viewed as a "global value trap," providing good safety margins and investment opportunities due to low valuations, with continued inflows from southbound funds indicating recognition of investment value [2] Group 3 - Goldman Sachs estimates that the market capitalization of the Hang Seng Index, the Hang Seng China Enterprises Index, and the Hang Seng Technology Index will rise to approximately 2.09 trillion, 1.42 trillion, and 480 billion USD, reflecting increases of 1.6%, 1.1%, and 9% respectively [3] - The forecasted price-to-earnings ratios for these indices are expected to increase slightly, with earnings growth predictions adjusted accordingly [3] - Consumer retail, software and services, and automotive sectors are anticipated to see the most passive fund inflows, with specific stocks like Pop Mart and BYD expected to receive significant net buying [3] Group 4 - China Telecom is a leading player in the telecommunications industry, focusing on 5G construction and cloud computing, indicating the importance of traditional industry leaders in the index [4] - JD Logistics represents the new economy logistics sector, highlighting the index's focus on high-growth and core supply chain enterprises [4] - Pop Mart, as a representative of the trendy toy culture, has seen significant increases in market capitalization and liquidity since its listing, becoming an important representative of the new consumption sector [4]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 致：香港交易及結算所有限公司 公司名稱: 京东物流股份有限公司 呈交日期: 2025年9月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02618 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 40,000,000,000 | | USD | 0.000025 | USD | | 1,000,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 40,000,000,000 | USD | | 0.000025 USD | | 1,000,000 | 本月底法定/註冊股本總額： USD 1,000,000 FF301 第 1 頁 共 ...

二、接此批复文件后，泰康人寿保险有限责任公司云南昆明寻甸营销服务部应立即停止一切经营活动， 于15个工作日内向云南金融监管局缴回许可证，并按照有关法律法规要求办理相关手续。 一、同意撤销泰康人寿保险有限责任公司云南昆明寻甸营销服务部。 2025年8月28日，云南金融监管局发布批复称，《关于撤销泰康人寿保险有限责任公司云南昆明寻甸营 销服务部的请示》（泰康云字〔2025〕79号）收悉。经审核，现批复如下： ...

China Logistics, Express Parcel & Ecommerce July data highlight benefits of anti-involution efforts on pricing and market dynamics, JDL's index inclusion The logistics industry in China is witnessing a positive shift in average selling price (ASP) trends, driven by successful anti-involution efforts. The narrowing ASP decline reflects interventions by the State Post Bureau (SPB) and local governments, with express revenue rising 9% Y/Y in July. This decline in ASP narrowed further from previous months, indi ...

Core Viewpoint - Ande Logistics has submitted its IPO application to the Hong Kong Stock Exchange, marking a significant transition from being a logistics department within Midea Group to an independent entity in the capital market, which presents both opportunities and risks for the company and the contract logistics industry as a whole [1][38] Group 1: Company Overview - Ande Logistics, originating from Midea's internal logistics system, has an annual revenue exceeding 18 billion, aiming to provide integrated supply chain solutions and enhance supply chain efficiency for its clients [1][5][3] - The company offers a comprehensive logistics service that includes lean logistics from raw materials to finished products, integrating online and offline inventory management, and providing a "delivery and installation" service [3][11] Group 2: Market Positioning - The logistics industry has two distinct types of listing stories: one emerging from internet traffic, like JD Logistics, and the other evolving from manufacturing enterprises, like Ande Logistics [4] - Ande Logistics is positioned as an integrated supply chain solution provider, focusing on execution capabilities in sectors such as home appliances and fast-moving consumer goods [11][5] Group 3: Financial Performance - In 2022, Ande Logistics reported a revenue of 14.17 billion, projected to rise to 18.66 billion in 2024, with a net profit increasing from 215 million to 380 million [27] - The company maintains a stable gross margin of approximately 7.3% and a net margin of around 2%, with positive operating cash flow and manageable liabilities [27] Group 4: Strategic Challenges - Ande Logistics faces the challenge of high customer concentration, with over 52% of its revenue coming from its top five clients, including 41.1% from Midea alone [13][10] - The company must reduce its dependency on Midea and expand its client base to achieve sustainable growth and improve its market valuation [29][32] Group 5: Learning from Competitors - Ande Logistics can learn from JD Logistics in terms of storytelling and expanding its external customer structure, particularly through its high-margin "delivery and installation" service [26][29] - The company needs to develop its system capabilities into marketable products, moving beyond internal cost reduction to enhance its valuation potential [29][32]