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S.F. Holding, the express delivery giant headed by billionaire Wang Wei, has filed for a secondary listing in Hong Kong to fund the company’s expansion overseas and strengthen its network in China.
Jet Li, who founded delivery firm J&T Express in Indonesia but is now expanding aggressively in his homeland China, has become a billionaire as the company prepares for an initial public offering in Hong Kong.
Two of Southeast Asia's largest tech companies turned in their financial scorecards in the week that went by.
J&T Express has agreed to acquire Fengwang Information, owner of Chinese e-commerce logistics provider Fengwang Express, for $263 million.