Cargo is loaded onto a flight of SF Express Co in Shenzhen. Previous NextSF Holding Co., one of China’s largest express delivery companies, is considering raising funds through a share sale in Hong Kong, according to people familiar with the matter, Bloomberg reports. Shares in SF Express have more than doubled this year as demand for parcel delivery surges because of the coronavirus pandemic. Deliberations of any Hong Kong share sale are at a preliminary stage and SF Express could still decide not to proceed, the people said. A representative for SF Express said the company has no plans.

Source: The Standard November 17, 2020 08:59 UTC