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The logistics sector of Hong Kong stocks has generally seen an uptick lately, with notable gains by JD Logistics (up 3.5%) and Sinotrans (up nearly 2%). In anticipation of the upcoming "618" shopping festival, Shenzhen has initiated a comprehensive "joint debugging and testing" program for autonomous delivery vehicles, involving key players such as Meituan, SF Express, and JD.com. Reports indicate that the number of functional unmanned vehicles operating on Shenzhen's roads is surging and is projected to surpass 1,000 by the end of 2025. A recent report from GF Securities highlights that the declining costs and expanding applications of unmanned logistics vehicles are poised to significantly boost the profitability of logistics enterprises. It is advisable to keep a close eye on the developmental trends of relevant express delivery companies.
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