China’s ZTO Express Plans US IPO Seeking As Much As $2B

Shanghai-based ZTO Express is planning a U.S. initial public offering, seeking to raise between US$1 billion and US$2 billion this year or early in 2017, according to the Wall Street Journal citing people familiar with matter. The Chinese express delivery firm has invited banks to submit proposals for the offering by Feb. 25, and hasn’t […]

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Read the original article: China Money Network