China Returns to U.S. IPO Market in Big Way With ZTO ExpressBy
Delivery company’s $1.4 billion sale biggest in U.S. this year
More than 800 are on waiting list to go public in China
ZTO Express Inc., the Chinese delivery service that gets about three-quarters of its business from Alibaba Group Holding Ltd., is following its top customer to the U.S. stock market with this year’s biggest initial public offering.
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