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SFWL / Shengfeng Drives Into Investor Fast Lane With Big Post-IPO Gains

Shengfeng Drives Into Investor Fast Lane With Big Post-IPO Gains
The logistics company's shares have more than doubled since their March IPO, including a 36% jump on a single day this week. Shengfeng's shares have risen sharply since their IPO, giving the company valuation ratios well ahead of its Chinese and global peers. The company is the latest in a recent flurry of new listings by Chinese logistics providers, which may be attracting investors for their growth potential and relatively low risk. Read More
Posted: Jun 30 2023, 03:46
Author Name: Seeking Alpha
Views: 111390

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Shengfeng Development Limited is a Chinese company that provides nationwide contracting and logistics services. The company's logistics network reache more_horizontal

Shengfeng Drives Into Investor Fast Lane With Big Post-IPO Gains

By Seeking Alpha
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Shengfeng Drives Into Investor Fast Lane With Big Post-IPO Gains

The logistics company's shares have more than doubled since their March IPO, including a 36% jump on a single day this week. Shengfeng's shares have r more_horizontal


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