Chinese courier giant SF picks banks for $3 bln Hong Kong listing - Bloomberg News

The Shenzhen-listed courier giant, also known as SF Express, is working with Goldman Sachs Group Inc, Huatai Securities and JPMorgan Chase & Co on the offering, according to the report. A listing could happen as soon as this year, the report said, adding that talks were ongoing and details of the listing including the fundraising amount and timing could still change. SF Express, Goldman, Huatai and JPMorgan did not immediately respond to Reuters' requests for comment.

China's largest express delivery firm SF Holding Co Ltd has started preparations for its Hong Kong listing, which could raise up to $3 billion, Bloomberg News reported on Friday, citing people familiar with the matter. The Shenzhen-listed courier giant, also known as SF Express, is working with Goldman Sachs Group Inc, Huatai Securities and JPMorgan Chase & Co on the offering, according to the report.

A listing could happen as soon as this year, the report said, adding that talks were ongoing and details of the listing including the fundraising amount and timing could still change. SF Express, Goldman, Huatai and JPMorgan did not immediately respond to Reuters' requests for comment.