Courier services startup J&T Express to raise $500 million in Hong Kong IPO

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Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion ($500.97 million) in its Hong Kong initial public offering.The company, which mainly operates in southeast Asia and China, will issue 326.5 million shares priced at HK$12.

Indonesian courier services startup J&T Global Express said on Monday it planned to raise up to HK$3.92 billion in its Hong Kong initial public offering.

The company, which mainly operates in southeast Asia and China, will issue 326.5 million shares priced at HK$12.00 each, according to the company's regulatory filings. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.

 

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