The $1.4 billion initial public offering of ZTO Express in the U.S. is the largest by a Chinese company in the country since Alibaba’s in 2014
The U.S.-based initial public offering of ZTO Express, a Chinese delivery company, occurred amid the increasing difficulty that firms face trying to obtain IPO approval in China, where regulators have a waiting list exceeding 800 requests.
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Jun 22, 2017