Delivery Company Backed by Logistics Giant SF Holding Files IPO in Hong Kong
Asubsidiary of leading Chinese logistics firm SF Holding, Tongcheng Industrial Co., Ltd., submitted a listing application to the Hong Kong stock exchange on Wednesday, aiming to gain a leg up in the intensifying price war across the industry.
Focusing on intra-city logistics, the listing aims to optimize Tongcheng’s delivery system and expand…
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.