• 11/25/2024

China’s biggest courier SF plans Hong Kong share sale to raise up to US$3.3 billion, underscoring tech policy thaw

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The move to sell up to 540 million shares in Hong Kong shows faith in the e-commerce business and adds to evidence that the worst is over for China’s regulatory crackdown on Big Tech companies.

https://www.scmp.com/business/china-business/article/3229701/chinas-biggest-courier-sf-plans-hong-kong-share-sale-raise-us33-billion-underscoring-tech-policy?utm_source=rss_feed