Courier Giant SF Express Files for $3 Billion Hong Kong Listing

Aug. 21, 2023, 9:34 AM UTC

SF Holding Co., China’s largest express delivery company, has filed for a Hong Kong second listing.

The Shenzhen-listed company, also known as SF Express, is working with Goldman Sachs Group Inc., Huatai Securities Co. and JPMorgan Chase & Co. on the potential share sale, according to pre-listing documents published Monday in Hong Kong. The filing didn’t provide details on the fundraising size or timeline. The share sale could raise $2 billion to $3 billion, Bloomberg News reported in May, citing people familiar with the matter.

Shares of SF fell 3.1% in Monday trading, valuing the company at about ...

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