In 50 Words: J&T Express seeks HK IPO, aims for up to $1b share sale

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In 50 Words: J&T Express seeks HK IPO, aims for up to $1b share sale

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J&T Express, a leading express delivery firm in Southeast Asia, has applied for an IPO in Hong Kong, considering a share sale between $500 million and $1 billion this year. The Jakarta-based company has appointed Morgan Stanley Asia, Merrill Lynch (Asia-Pacific), and China International Capital Corp Hong Kong Securities as coordinators for the proposed IPO.

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