China's ZTO Express guides pricing for Hong Kong listing at HK$218/shr - sources
HONG KONG, Sept 22 (Reuters) - Chinese delivery group ZTO Express ZTO.N has indicated its shares will be priced at HK$218 ($28.13) each as it raises up to $1.27 billion in its Hong Kong listing, according to two sources with direct knowledge of the matter.
The final pricing will be set later on Tuesday as the company sells 45 million shares.
(Reporting by Scott Murdoch; Editing by Muralikumar Anantharaman)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In This StoryZTO
Latest Markets Videos
- Tesla removed from S&P 500 ESG index on autopilot, discrimination concerns
- US STOCKS-Wall Street ends sharply lower as Target and growth stocks sink
- Fed could cut rates in 2023, 2024 once inflation under control -Bullard
- Powell says Fed to 'keep pushing' rates higher until clear inflation is falling