J&T Express is a delivery company headquartered in Indonesia. With its trucks delivering over 40 million packages a day, it is Southeast Asia’s No 1 express delivery player today. Its red trucks are a familiar sight across the region.
Stock market investors do not look to teenagers for insight. An IPO in Hong Kong may change that.
Last month, J&T Express filed for an IPO on the Hong Stock Exchange. Bloomberg reports that it could raise over US$1 billion ($1.3 billion). This would make it the largest IPO in Hong Kong this year.
