Core Viewpoint - SF Holding and Jitu Express have announced a strategic mutual shareholding agreement, marking a significant milestone in their partnership and aiming to enhance their global logistics network [1] Group 1: Strategic Partnership - SF Holding and Jitu Express will invest a total of HKD 8.3 billion in each other through new share issuance [1] - After the transaction, SF Holding will own 10% of Jitu Express, while Jitu Express will hold 4.29% of SF Holding [1] - The founders of both companies emphasized that this mutual shareholding represents a deepening of their long-term strategic partnership [1] Group 2: Market Impact - Following the announcement, SF Holding's stock rose by 2.94% to HKD 36.4, and Jitu Express's stock increased by 2.13% to HKD 11.99 [1] - The collaboration aims to leverage opportunities in cross-border e-commerce and enhance supply chain value for customers [1]