Saturday 18 Jan 2025
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SYDNEY (Nov 27): Shares of Chinese courier group SF Holding opened flat on Wednesday in the company's trading debut, after it raised US$749.3 million (RM3.33 billion) in a Hong Kong listing.

The company, which is also listed in Shenzhen, sold 170 million shares priced at HK$34.30 a piece.

Hong Kong's Hang Seng Index opened up 0.2%.

The courier group, known for its flagship SF Express delivery business, is regarded as China's answer to FedEx and DHL.

Uploaded by Liza Shireen Koshy

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