S.F. Holding to Raise Up to $793 Million in Hong Kong Listing
TMTPOST -- S.F. Holding, China's largest express delivery company, announced on Tuesday its plan to raise up to HK$6.17 billion ($793 million) through a secondary listing in Hong Kong, signaling renewed momentum in the city’s capital markets.
The Shenzhen-listed logistics giant intends to issue 170 million shares, priced between HK$32.30 and HK$36.30 each, according to regulatory filings.
The final offer price will be determined on November 25, with trading expected to commence on November 27.
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