對外方面，集團作為獨立第三方及具備全場景業務覆蓋能力的平台， 可承接全渠道訂單，包括抖音、淘寶閃購、京東秒送等。阿里早前提 出，2026 年淘寶閃購首要目標是份額增長，相信順豐同城將受惠於其 加快擴張及份額爭奪。此外，隨著需求場景拓闊至非餐飲實物以及生 活服務領域，相關領域的商家並未與現有平台建立綁定關係，為獨立 第三方即時配送平台帶來增長動力。在需求強勁的背景下，集團有望 優先匹配新增需求。 個股推介 順豐同城(9699.HK) 2026 年 1 月 29 日星期四 實行配送場景全覆蓋，受惠即時零售市場持續擴張 2024 年內地即時零售規模達 7,810 億元人民幣，商務部預期 2025 年 將達 9,714 億元人民幣，至 2030 年將達到 2 萬億元人民幣，「十五 五」期間年均增速將達 12.6%。順豐同城是內地最大的第三方即時配 送平台，擁有強大的品牌效應和行業影響力。集團已全方位覆蓋餐飲 外賣、同城零售及近場電商，形成強大的市場布局，料將受惠於即時 零售市場持續擴張。 節日期間提供穩定履約保障，突顯其即時配送能力 順豐同城數據顯示，2026 年元旦假期期間，同城配送日均單量按年增 長 55%，其中 ...

Market Performance - The Hang Seng Index rose by 226 points or 0.8%, closing at 26,922 points, after reaching a high of 27,016 points[1] - The Shanghai Composite Index fell by 2 points or 0.07%, closing at 4,000 points, with a total trading volume of 840.5 billion yuan[1] - The total trading volume in the Hong Kong market was 236.395 billion yuan[1] Economic Indicators - The People's Bank of China conducted a 195.5 billion yuan reverse repurchase operation at a rate of 1.4%, resulting in a net injection of 130 billion yuan for the day[1] - The RMB/USD central parity rate was adjusted up by 33 points to 7.0833[1] Corporate Earnings - Manulife Financial reported a net income of 1.799 billion CAD for Q3, a year-on-year decrease of 2.2%, while core earnings increased by 11.3% to 2.035 billion CAD[3] - Samsonite's Q3 sales revenue was 873 million USD, a slight decrease of 0.6% year-on-year, with net profit increasing by 11% to 73.5 million USD[3] - China Resources Land's total contract sales in October were approximately 15.2 billion yuan, a year-on-year decrease of 51%[3]

Market Overview - The Hong Kong stock market is expected to fluctuate within the range of 23,000 to 24,000 points due to a series of financial policies introduced in mainland China to stabilize the market and expectations, including reserve requirement ratio cuts and interest rate reductions [1] - The U.S. and China have agreed to lower tariffs, with the U.S. reducing tariffs on Chinese imports from 145% to 30%, and China reducing tariffs on U.S. imports from 125% to 10% for a 90-day period [1] Sector Outlook - Gold mining stocks are favored in the short term due to geopolitical tensions and central banks continuing to increase their gold holdings [2] Corporate News - Alibaba (9988) has integrated its food delivery platform Ele.me and travel platform Fliggy into its e-commerce business group, aiming for a strategic upgrade towards a comprehensive consumer platform [3][12] - Meituan (3690) is expanding its instant retail business, enhancing its supply chain digitalization capabilities and aiming to cover all first and second-tier cities [3][12] - BYD (1211) is reported to be providing rebates to dealers, with the scale expected to exceed 1 billion RMB [3] - China Hongqiao (1378) anticipates a 35% increase in net profit for the first half of the year due to product price increases [3] Economic Indicators - The U.S. Federal Reserve maintained interest rates, with expectations of two rate cuts totaling 0.5% in 2025, while the inflation outlook remains uncertain [4] - China's land sales revenue fell to 194.1 billion RMB in May, the lowest in a decade, indicating ongoing weakness in the real estate market [10] - The Ministry of Industry and Information Technology of China aims to increase gold resource volume by 5%-10% and silver production by over 5% by 2027 [10] IPO and Investment Climate - Hong Kong's IPO fundraising is expected to reach nearly 80 billion HKD this year, placing it among the top globally [11] - The Hong Kong Monetary Authority is preparing for potential interest rate increases as the Hong Kong dollar approaches its weak end of the trading band [10]