SF Holding delivers a lacklustre trading debut in Hong Kong amid tepid market sentiment

Quick Summary:

Shares of the Chinese courier firm SF Holding began trading at HK$34.30, unchanged from its IPO price.

Goldman Sachs, Huatai Securities and JPMorgan Chase are joint sponsors of the offering.

SF Holding, whose main business is its SF Express courier service, raised HK$5.83 billion from its IPO.

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Article Details

Author / Journalist: Mia Castagnone

Category: Business

Markets: Hong KongChina

Topics: Trading Listing Billion Hk$34 Courier Firm Holding Hong Shares Cent Kong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 09:42:36 (3 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23959872

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