Core Viewpoint - Hongxing Cold Chain (01641) has successfully listed its shares at a price of HKD 12.26, raising approximately HKD 252 million, with a significant initial trading increase of 59.71% to HKD 19.58 [1] Company Overview - Hongxing Cold Chain is headquartered in Changsha, Hunan Province, specializing in frozen food trading platforms and cold storage services [1] - The company is the largest service provider in the central region of China and Hunan Province in the frozen food storage service sector, holding market shares of 2.6% and 13.6% respectively [1] - In the frozen food store leasing service sector, Hongxing Cold Chain ranks as the second largest in the central region and the largest in Hunan Province, with market shares of 8.8% and 54.7% respectively [1] Operational Capacity - The company has established two major storage bases in Changsha, with a total designed storage capacity exceeding 1 million cubic meters and usable storage capacity of over 230,000 tons [1] - This scale provides a significant competitive advantage, making Hongxing Cold Chain the largest cold chain storage service provider in the central region and Hunan, serving over 700 clients and extending its business across eight provinces nationwide [1]

Core Viewpoint - Hongxing Cold Chain (01641), a regional leader in cold chain logistics, will be listed in Hong Kong on January 13, with strong investor interest reflected in its pre-listing trading performance [1] Company Overview - Hongxing Cold Chain has established a significant presence in Hunan, a central transportation hub and consumer province, with two major storage bases in Changsha [1] - The company boasts a total designed storage capacity exceeding 1 million cubic meters, with usable capacity over 230,000 tons, making it the largest cold chain storage service provider in the region [1] - Hongxing Cold Chain serves over 700 clients and has operations extending across eight provinces in China [1] Market Performance - In the dark trading session on January 12, the stock price surged by 87.44% to HKD 22.98, closing at HKD 18.07, which is a 47.39% increase from the offering price of HKD 12.26 [1] - Each trading unit of 500 shares could yield a profit of HKD 2,905, excluding transaction fees [1] Future Outlook - The company is expected to maintain its leading position in the region due to its geographical advantages, robust profitability, unique ecological loop, and clear growth plans [1] - Hongxing Cold Chain is positioned as a rare long-term investment opportunity in the Hong Kong stock market [1]

Core Insights - The cold chain logistics sector saw a rise of 1.32%, ranking fifth among concept sectors, with 99 stocks increasing in value, including notable gains from companies like Shenghui Technology, Huangshi Group, and Zhongyao Holdings, which hit the daily limit of 20% [1][2] - The sector attracted a net inflow of 685 million yuan from major funds, with 65 stocks receiving net inflows, and 12 stocks exceeding 50 million yuan in net inflow, led by Yingweike with 439 million yuan [2][3] Sector Performance - The cold chain logistics sector's performance was highlighted by significant stock movements, with Shenghui Technology achieving a 20% increase, while stocks like Ice Wheel Environment and Zhongwei Electronics faced declines of 6.98% and 6.20% respectively [1][2] - Other sectors with notable performance included the dairy industry, which rose by 4.00%, and the beer concept, which increased by 1.70% [2] Fund Flow Analysis - Major fund inflow ratios were led by Huangshi Group, Sunshine Dairy, and Agricultural Products, with net inflow rates of 54.94%, 44.31%, and 27.18% respectively [3] - The cold chain logistics sector's top stocks by fund inflow included Yingweike, Huangshi Group, and Agricultural Products, with net inflows of 439 million yuan, 300 million yuan, and 75.84 million yuan respectively [3][4]