News

Transport & Logistics

Staff Reporter

, Hong Kong

Published:

1 year ago

135 views

J&T Express

J&T Express plans to raise $3.92b in Hong Kong IPO: report

The company will issue 362.5m shares.

J&T Express plans to raise $3.92b (USD$500m) in its Hong Kong initial public offering, Reuters reported.

The Indonesian courier services will issue 362.5m shares priced at $12.00 each.

Citing J&T's IPO prospectus, Reuters said the company will have a market capitalisation of $105.75b (US$13.51b) "in line with the valuation achieved during its most recent private fundraising round in May."

"The IPO valuation is well below the $20 billion that J&T was valued at in a 2021 funding round," Reuters added.

Follow the link for more news on

Hong Kong Logistics

Also Read

Gov’t mulls new rules for ride-hailing platforms

ETEI Electronics opens new warehouse, quality control center in Hong Kong

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

CE Lee secures 35 agreements during Qatar visit

These cover economic cooperation, investment, technology, and finance.

Economy

9 hours ago

BDx secures funding for first data centre in Hong Kong

This marks BDx’s third project financing facility.

Information Technology

10 hours ago

InvestHK launches outreach in Türkiye, Hungary, and Egypt

The campaign is part of InvestHK’s broader effort to strengthen economic ties along the Belt and Road Initiative.

Economy

14 hours ago

Office unit at No. 9 Queen’s Road Central listed for $250m

The indicative asking price is $250m, or about $18,222 per square foot—lower than recent transactions in the same building.

Commercial Property

14 hours ago

Exclusives

Retirement planning fuels market for home upgrades

Senior-focused remodellers could grow from fewer than 10 to hundreds in 10 years.

Residential Property

1 day ago

Smoke-free public housing to cut health, repair costs

The savings can be channeled to other investments.

Residential Property

4 days ago

Employers told to prep for cost of part-time work bill

The F&B, tourism, retail, and entertainment industries will be the most affected.

HR & Education

Tax cuts unlikely to lift Hong Kong home prices

They could boost sentiment and reinforce signs of a stabilising property market.

Event News

Hong Kong Business Greater Bay Area Enterprise Awards 2025 Winner: Sandy Liu of Allianz Trade

Sandy Liu, Head of Distribution at Allianz Trade in Hong Kong, highlights how its Greater Bay Area (GBA) Corporate Credit Solutions ensures account visibility, thereby enhancing credibility with banks and lenders.