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TCEHY / Tencent-backed logistics firm targeting billion dollar IPO

Tencent-backed logistics firm targeting billion dollar IPO
Tencent Holdings (HKG:0700, OTC:TCEHY)-backed J&T Global Express is poised to launch a HK$3.92 billion (US$500.80 million) IPO in Hong Kong, the company announced on Monday. Offering 326.55 million shares at HK$12 each, this move mirrors the trend set by Cainiao Smart Logistics Network, Alibaba Group (NYSE:BABA)'s logistics arm, which filed for a public offering last month. Read More
Posted: Oct 16 2023, 05:52
Author Name: Proactive Investors
Views: 112544

TCEHY News  

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By Proactive Investors
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By CNBC
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Tencent-backed logistics firm targeting billion dollar IPO

By Proactive Investors
October 16, 2023

Tencent-backed logistics firm targeting billion dollar IPO

Tencent Holdings (HKG:0700, OTC:TCEHY)-backed J&T Global Express is poised to launch a HK$3.92 billion (US$500.80 million) IPO in Hong Kong, the compa more_horizontal

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By Market Watch
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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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By Proactive Investors
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By Market Watch
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Tencent 700, -0.56% -backed Tuhu Car plans to raise up to 1.26 billion Hong Kong dollars ($160.89 million) through an initial public offering in Hong more_horizontal

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By CNBC International TV
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