Tencent-backed logistics firm J&T Global Express plans to raise over $500 million in Hong Kong IPO

United States News News

Tencent-backed logistics firm J&T Global Express plans to raise over $500 million in Hong Kong IPO
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Tencent-backed J&T Global Express is the latest logistics-related company seeking to tap investors' appetite in Hong Kong with a 3.92 billion Hong Kong...

Tencent-backed J&T Global Express is the latest logistics-related company seeking to tap investors’ appetite in Hong Kong with a 3.92 billion Hong Kong dollar share offering.

This follows last month’s filing for a public offering by Cainiao Smart Logistics Network , Alibaba Group’s BABA, -0.58% 9988, -3.79% e-commerce logistics arm.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea to fine two Hong Kong banks for naked short-sellingSouth Korea to fine two Hong Kong banks for naked short-sellingSouth Korea to fine two Hong Kong banks for naked short-selling
Read more »

South Korea to fine two Hong Kong banks for naked short-sellingSouth Korea to fine two Hong Kong banks for naked short-sellingSouth Korea's stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would likely result in record fines.
Read more »

Ripple's Win Elevates XRP With Hong Kong's Top Crypto Index InclusionRipple's Win Elevates XRP With Hong Kong's Top Crypto Index InclusionHong Kong's main crypto index HKVAC incorporates XRP following Ripple's success
Read more »

Latin America takes global lead in preference for centralized exchanges: ReportLatin America takes global lead in preference for centralized exchanges: ReportA recent report by Chainalysis reveals that Latin America prefers centralized exchanges.
Read more »

Trader’s Case Tests DOJ’s Policing of Global Currency MarketTrader’s Case Tests DOJ’s Policing of Global Currency MarketLondon hedge-fund manager says trading was part of lawful bet on South African currency
Read more »

10 Best Giant Monster Movies That Don't Feature Godzilla or King Kong10 Best Giant Monster Movies That Don't Feature Godzilla or King KongThe best giant monster movies that aren't Godzilla or King Kong include Pacific Rim, Gorath, and Them!
Read more »



Render Time: 2025-02-22 04:45:48