The city’s second-largest IPO tests investor appetite, with new share sales down nearly 80% from last year.
HONG KONG: Courier services provider J&T Global Express Ltd is seeking to raise about HK$3.92 billion through an initial public offering in Hong Kong, the city’s second-largest so far this year.
The IPO is poised to be the biggest in the Asian financial hub since ZJLD Group Inc.’s US$676 million listing in April. J&T Global’s offering will test investor appetite in Hong Kong, where new share sales are down nearly 80% versus the same period last year.
Italia Ultime Notizie, Italia Notizie
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