Hints and tips:
...Chinese delivery giant ZTO Express Cayman and biotech company Zai Lab, which have raised HK$15.7bn ($2bn) for their secondary listings, were once much sought after. Ant Group is playing a big role....
...It also has a board seat at Shanghai-listed YTO Express, another at New York listed Best Inc, where it controls 46 per cent of the voting power, and one more to come at STO Express, after buying nearly 15...
...Chinese courier company ZTO Express in 2016 suffered the worst opening-day fall in US markets history and its shares still languish below their offer price despite a $1.4bn investment from Alibaba....
...ADT, the home security company backed by the private equity group Apollo, fell 15 per cent in its first week, the worst performance for a US-listed IPO over $1bn since ZTO Express lost 18 per cent in its...
...One courier for SF Express , China’s biggest logistics service, estimated that 20 of its distribution centres — about a 10th of its Beijing total — had been closed....
...The roadshow included pitches in Hong Kong, New York, Boston, Chicago and San Francisco, but the performance of fellow Chinese logistics operator ZTO Express cast a pall on Best’s listings efforts....
...Shares in rival Chinese logistics group ZTO Express have fallen 26 per cent since the company floated in New York in October last year with a valuation of $12bn....
...The post-IPO performance of fellow Chinese logistics operator ZTO Express – which went public at $19.5 last October but is currently trading at $14.8 per share – was a headwind to Best Inc’s IPO, but even...
...Shares in ZTO Express, which raised $1.4bn when it listed in New York last October, are 23 per cent below their offer price of $18.40....
...The post-IPO performance of fellow Chinese logistics operator ZTO Express — which went public at $19.50 last October but is trading at $14.99 a share — was a headwind to Best Inc’s IPO....
...Investors have been stung by fellow Chinese logistics operator ZTO Express, which went public at $19.50 last October but is now trading at below $15 a share....
...Rival Chinese Logistics group ZTO Express has fallen 26 per cent since it floated in New York in October last year valued at $12bn....
...Many London clients, the documents show, also had American Express or Barclays credit cards linked to an offshore company, some with credit limits in six figures....
...“I do want to and need to express to you how truly, abjectly and terribly sorry I am . . ....
...The Cayman Islands-domiciled Technology fund lost 3.4 per cent in the 16 months since its onshore cousin was launched, but has returned 61.55 per cent since May 2003 and has never finished a calendar year...
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