Source: China – South China Morning PostSF Holding, China’s largest courier, announced plans on Thursday to raise more than HK$5.9 billion (US$752 million) through a new share placement on the Hong Kong exchange and the issuance of convertible bonds.
Proceeds from the HK$2.9505 billion equity placement and HK$2.95 billion in zero-coupon convertible bonds would be used for the firm’s international and cross-border logistics capabilities, research and development of advanced technologies and digital solutions, capital structure, and…Read More