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EVEN before this week’s big Jack Ma event, logistics stocks have been seeing strong interest.
HONG KONG: Two electric vehicle-sharing platforms backed by powerful Chinese carmakers plan to seek external funding totalling almost US$730mil to fuel their growth, people with direct knowledge of the plans said.
HONG KONG: SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a HK$17.6 billion ($2.3 billion) deal.