Courier company listing ushers in new era

China's courier industry is expected to enter a new stage in its development with the listing of SF Express, China's largest courier, according to analysts.

On Friday, Maanshan Dingtai Rare Earth & New Materials Co was officially renamed as SF Holding Co Ltd, marking the delivery giant's successful backdoor listing on the Shenzhen Stock Exchange.

Its stock rallied by the 10 percent limit to 55.21 yuan ($8), taking its total value to 230 billion yuan, the most valuable company on the exchange and driving up the stock of other courier companies.