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

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

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