News Snapshot:
S.F. Holding’s real estate investment trust has set the final offer price at HK$4.98 per unit, enabling the largest listed courier provider in China to raise about HK$2.6 billion (US$334.7 million) from its Hong Kong initial public offering. The final price of the SF Real Estate Investment Trust (SF Reit) was set above the midpoint of the initial range of HK$4.68 to HK$5.16 marketed to investors, according to people familiar with the transaction. It will announce the final allotment results on Friday. SF Reit is selling 520 million units to institutional and retail investors in its IPO, which ended on...
