1. Lege Shifts Focus to Overseas Warehouses

On January 13, Lege Co., Ltd. (300729.SZ) announced its 2024 annual performance forecast, with an expected net profit of 3 to 3.4 billion RMB for shareholders. Lege has gradually shifted its business focus toward overseas warehouses. On December 3, Lege announced the board's approval to invest in the "Apple Valley Overseas Warehouse Project" in California, U.S., with construction costs amounting to approximately 700 million RMB.

Lege emphasized that expanding its public overseas warehouse business is a key strategy. The company will continue to build overseas warehouses, optimize layouts, and improve its cross-border logistics system to enhance its competitiveness in public overseas warehousing, boost company performance, and strengthen profitability. Previously, Lege purchased around 5,000 acres of land near major U.S. ports, with plans to build approximately 1.5 million square meters of overseas warehouses.

Source: Times Weekly

2. JCheng International Signs New Partnership

On January 16, JCheng International announced the signing of a strategic cooperation framework agreement with Guangdong Port & Shipping Group Co., Ltd. This collaboration marks a deepening partnership in logistics, focusing on the joint development of logistics parks and strengthening cooperation in the logistics technology field. By integrating resources and complementing each other’s strengths, the project aims to drive industry upgrades and is expected to have a positive impact on the company’s operations.

3. TikTok Denies U.S. Business Sale Rumors

On January 16, TikTok responded to Bloomberg's report by stating that rumors of China considering selling its U.S. business to Elon Musk were entirely fabricated. Bloomberg had earlier claimed that if the U.S. Supreme Court upheld the TikTok ban, parties involved were considering selling the business to Musk (the world’s richest person). Supreme Court judges are set to rule on a law requiring TikTok to sell its U.S. business by January 19 or face a ban. TikTok repeatedly affirmed it would not sell its U.S. operations, with a spokesperson saying they would not comment on fictional content. Musk is an ally of Trump, who will return to the White House on January 20. Last month, Trump urged the court to delay the ruling so he could seek a political resolution, and his lawyers submitted legal briefs opposing the ban.

Source: BBC

4. Sinotrans Repurchases 5.568 Million Shares

On January 16, Sinotrans announced that on January 14, it repurchased 5.568 million shares at a total cost of 19.9733 million HKD, with buyback prices between 3.55 and 3.61 HKD per share. On the same day, it also repurchased 2.2959 million A-shares for 11.8065 million RMB, with prices ranging from 5.1 to 5.15 RMB per share.

Source: Sinotrans

5. Maersk Air Opens New Services in Two Chinese Cities

On January 16, Maersk Air Cargo announced that it had started operating six Boeing 767 freighters per week between its headquarters in Billund, Denmark, and Zhengzhou, China. This new service supplements the existing daily operations between Billund and Hangzhou, as well as four weekly charter services between Liège, Belgium, and Hangzhou. A Maersk spokesperson also confirmed the opening of air cargo services between Zhengzhou and its regional hub in Greenville, South Carolina. FreightWaves reported last month that Maersk plans to resume service to Greenville-Spartanburg International Airport from a new city in China this month.

Source: FreightWaves

6. New Cargo Route Between Guangzhou and Dar es Salaam Launched

On January 16, Tanzania Airlines flight TC507 departed from Guangzhou Baiyun International Airport, marking the official opening of the cargo route between Guangzhou and Dar es Salaam. Operated by a Boeing 767-300F, the route will run once a week, providing broader market access and more convenient logistics services between the two regions. The new route also strengthens Guangzhou’s international air cargo capabilities.
Source: Guangzhou Airport Group

7. Huixin Air Services Opens New International Cargo Route

On January 16, a Boeing 737-800 freighter departed from Urumqi International Airport to Belgrade, Serbia, marking the official opening of the "Huixin Air" Urumqi ⇌ Belgrade international cargo route. This is the fourth international cargo route launched by Huixin Air Services in cooperation with Georgia’s Camex Airlines, further enhancing the air logistics network between Xinjiang and Europe and deepening China-Serbia relations. The inaugural flight carried 22 tons of goods, including cross-border e-commerce, auto parts, and high-end equipment. The route will operate twice a week, mainly serving cross-border e-commerce and general trade, ensuring ample capacity for import and export shipments.

Source: Huixin Air Services

8. Amazon Updates Vine Review Policy

On January 16, Amazon announced updates to its Vine review policy. The update allows for tier upgrades after registration, enabling sellers to add more items within the first 30 days of registering for a parent ASIN, thereby upgrading to higher tiers more flexibly.

Source: Amazon

9. Shopify Announces Free Access to Checkout Blocks App

On January 16, Shopify announced that the Checkout Blocks app is now free for all merchants. With Checkout Blocks, merchants can customize their checkout thank-you and order status pages, with the addition of two key features: dynamic content blocks (for banners, personalized content, etc.) and static content blocks (for static text and images). Merchants can easily edit block content at any time from Shopify’s backend.

Source: Shopify

10. DHgate Launches Cart Marketing 2.0

On January 16, DHgate announced the launch of Cart Marketing 2.0, introducing a "batch setup" feature to enable bulk configuration of cart marketing campaigns. The updated system also allows merchants to select products added to carts within a specific time frame (6 hours to 30 days) for optimized marketing precision, helping increase cart-to-order conversion rates.

Source: DHgate

11. AliExpress Helps Merchants Expand Overseas Markets

AliExpress, Alibaba’s cross-border e-commerce platform, recently announced the opening of a new eyewear category, making it the first cross-border e-commerce platform to offer this category. Eyewear merchants will benefit from prominent promotions in key countries, enhanced traffic boosts, and exclusive channel displays during major sales events, helping merchants create popular products.

Source: AliExpress

12. Guangdong’s Import and Export Volume Exceeds 9 Trillion RMB in 2024

On January 16, according to the 2025 Guangdong Government Work Report, Guangdong’s total import and export volume exceeded 9 trillion RMB in 2024, growing by 9.8%, with the province leading the nation in trade volume for 39 consecutive years and contributing over 40% of the national trade increase.

Source: NetEase

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