Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyze the weekly Hong Kong Connect flows with our data engine for holding position as of June 18th.</li>
<li>The top stocks by inflows and outflows were tabulated for all market, HSCEI, mid cap and s/mid cap groups.</li>
<li>We highlight flows for Alibaba, Kingboard Laminates, Knowledge Atlas, Kingboard, CNOOC, China Mobile, Lenovo, Yangtze Optical Fibre And-H, Iluvatar Corex, Ke.</li>
</ul>


We analyze the weekly Hong Kong Connect flows with our data engine for holding position as of June 18th.
The top stocks by inflows and outflows were tabulated for all market, HSCEI, mid cap and s/mid cap groups.
We highlight flows for Alibaba, Kingboard Laminates, Knowledge Atlas, Kingboard, CNOOC, China Mobile, Lenovo, Yangtze Optical Fibre And-H, Iluvatar Corex, Ke.


HK Connect Flows Weekly (Jun 18th): Alibaba, Kingboard Laminates, Knowledge Atlas, Kingboard, CNOOC

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

Equity Bottom-Up

<ul>
<li>Parcel volume growth in April slowed to just 2-3% for the four China-listed express firms</li>
<li>This is a noticeable softening of the pace of growth seen in March and Q126 (around 7%)</li>
<li>It suggests that mainstream Chinese e-Commerce activity in early Q226 has slowed</li>
</ul>


Parcel volume growth in April slowed to just 2-3% for the four China-listed express firms
This is a noticeable softening of the pace of growth seen in March and Q126 (around 7%)
It suggests that mainstream Chinese e-Commerce activity in early Q226 has slowed


Monthly Chinese Express Tracker | April Volume Growth Just 2-3% Vs 7% in March/Q126 | EComm Softer?

<ul>
<li>We analyze the weekly Hong Kong Connect flows with our data engine for holding position as of May 29th.</li>
<li>The top stocks by inflows and outflows were tabulated for all market, HSCEI, mid cap and s/mid cap groups.</li>
<li>We highlight flows for Alibaba, SMIC, Tencent, Petrochina, Yofc, China Resources Land, AIA.</li>
</ul>


We analyze the weekly Hong Kong Connect flows with our data engine for holding position as of May 29th.
The top stocks by inflows and outflows were tabulated for all market, HSCEI, mid cap and s/mid cap groups.
We highlight flows for Alibaba, SMIC, Tencent, Petrochina, Yofc, China Resources Land, AIA.


HK Connect Flows Weekly (May 29th): Alibaba, SMIC, Tencent, Petrochina, Yofc, China Resources Land

<ul>
<li>We analyze the weekly Hong Kong Connect flows with our data engine for holding position as of May 22nd.</li>
<li>The top stocks by inflows and outflows were tabulated for all market, HSCEI, mid cap and s/mid cap groups.</li>
<li>We highlight flows for Alibaba, China Life, China Mobile, PICC P&amp;C, SMIC, Tencent, Geely Automobile, Xiaomi, Meituan, AIA.</li>
</ul>


We analyze the weekly Hong Kong Connect flows with our data engine for holding position as of May 22nd.
The top stocks by inflows and outflows were tabulated for all market, HSCEI, mid cap and s/mid cap groups.
We highlight flows for Alibaba, China Life, China Mobile, PICC P&amp;C, SMIC, Tencent, Geely Automobile, Xiaomi, Meituan, AIA.


HK Connect Flows Weekly (May 22nd): Alibaba, China Life, China Mobile, PICC P&C, SMIC, Tencent

Equity Capital Markets

Lalatech Holdings Co Ltd / Equity Capital Markets

<ul>
<li>Chinese intra-city freight platform Lalatech has once again filed to list its shares in HK</li>
<li>Revenue growth accelerated in FY25, and both OPM% and Operating Cash Flow improved</li>
<li>If it comes to market, Full Truck Alliance and SF Intra are obvious (but imperfect) comps</li>
</ul>


Chinese intra-city freight platform Lalatech has once again filed to list its shares in HK
Revenue growth accelerated in FY25, and both OPM% and Operating Cash Flow improved
If it comes to market, Full Truck Alliance and SF Intra are obvious (but imperfect) comps


Lalatech Files to List Shares in HK (Again) | See Financial and Operating Performance Through 2025

China

Hangzhou SF Intra-city Industrial Co., Ltd. provides intra-city on-demand delivery services across China, covering food, fresh produce, electronics, and other goods for merchants, consumers, and logistics companies. The company also offers software development and IT services. Founded in 2016, it began independent operations in 2019 and is headquartered in Shenzhen, China.

Hangzhou SF Intra-city Industrial (9699 HK)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Hangzhou SF Intra-city Industrial (9699 HK)

HK Connect Flows Weekly (Jun 18th): Alibaba, Kingboard Laminates, Knowledge Atlas, Kingboard, CNOOC

We analyzed southbound Hong Kong connect flows in the past week and highlighted flows for Alibaba (9988 HK), Kingboard Laminates (1888 HK),...

Ke Yan, CFA, FRM

Monthly Chinese Express Tracker | April Volume Growth Just 2-3% Vs 7% in March/Q126 | EComm Softer?

In April, China-listed express companies reported slower parcel volume growth of just 2-3% versus the 7% pace of growth from March and Q126. This...

Tracking Traffic

HK Connect Flows Weekly (May 29th): Alibaba, SMIC, Tencent, Petrochina, Yofc, China Resources Land

We analyzed southbound Hong Kong connect flows in the past week and highlighted flows for Alibaba, SMIC, Tencent, Petrochina, Yofc, China Resources...

Ke Yan, CFA, FRM

HK Connect Flows Weekly (May 22nd): Alibaba, China Life, China Mobile, PICC P&C, SMIC, Tencent

We analyzed southbound Hong Kong connect flows in the past week and highlighted flows for Alibaba, China Life, China Mobile, PICC P&C, SMIC,...

Ke Yan, CFA, FRM

Lalatech Files to List Shares in HK (Again) | See Financial and Operating Performance Through 2025

Lalatech a Chinese online freight platform, has once again submitted listing documents to HKEX. In this insight we review the company's latest...

Tracking Traffic

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)