Chinese Courier SF Seeks Up to $793 Million in Hong Kong Listing
- Xiaomi and other cornerstones are buying $205 million in stock
- Express-delivery firm expects to list shares Nov. 27
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China’s biggest express-delivery firm SF Holding Co. is seeking to raise as much as HK$6.2 billion ($793 million) in its Hong Kong listing in another test of appetite for large share sales in the city this year.
The company will start taking investor orders Tuesday and expects to list shares on Nov. 27, according to its listing document on Tuesday. It is offering 170 million shares at HK$32.30 to HK$36.30 apiece.