SF Intra-City Buys Back Shares, As Parent's Stalled Hong Kong IPO Languishes
Key Takeaways:
A $26 million share repurchase plan has failed to lift the price of China’s largest intra-city delivery company SF Intra-city, which is a spinoff of logistics giant SF Express
Shares of another SF Express spinoff, Hong Kong’s first logistics REIT, are also well below their IPO price
By Edith Terry