STO Express Co.,Ltd.(002468) Stock Price,News,Quote-Futubull

Huachuang Securities: The express delivery industry’s cumulative volume growth rate in January-February was 4.6%, and it is recommended to continue to pay attention to terminal changes

The Zhitong Finance App learned that Huacheng Securities released a research report saying that the express delivery industry grew 4.6% in January-February, with Shentong growing the fastest. The stock price performance of the express delivery sector has been weaker than the transportation index since the beginning of the year. The first is because of the volume of goods. The growth rate of the industry in January-February was about 5%, and the elasticity of other industries was not significant compared to the recovery logic; the second is the price. The demand for incremental shares of leading e-commerce express delivery companies in mid-February made the market expand into concerns about the worsening pattern. The bank believes that the volume growth rate of the industry in 2023 is expected to exceed market expectations of 10%-15%. In particular, March and April are expected to achieve a growth rate of 30% +.