The logistics sector is poised for opportunities, with related stocks opening higher.

Release date:

2020-09-10

Author:

Jinhua Logistics

Xinning Logistics hit the daily limit up, while Bonded Technology also surged to its ceiling price. Stocks such as Shanghai Yashi, Feilida, Sinotrans, and Huamao Logistics all opened higher across the board. On the news front, the Eighth Meeting of the Central Financial and Economic Affairs Commission emphasized the need to bolster high-speed rail freight and international air cargo capacity, and to accelerate the development of a logistics network that is both internally and externally connected, secure, and efficient.

　　Xinning Logistics hit the daily limit up, while Bonded Technology also surged to its ceiling price. Stocks such as Shanghai Yashi, Feilida, Sinotrans, and Huamao Logistics all opened higher across the board. On the news front, the Eighth Meeting of the Central Financial and Economic Affairs Commission emphasized the need to strengthen high-speed rail freight and international air cargo capacity, and to accelerate the development of a logistics network that is both internally and externally connected, secure, and efficient.

Telecom operators are stepping up their investments in smart logistics, with 5G ushering in a new era of “unmanned” logistics.

Thirteen departments have jointly issued a document, forecasting that the smart logistics market will exceed RMB 580 billion in transaction volume this year.

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