SF Express offloads stock to purchase aircraft

On 22 August, rapidly growing Shenzhen-based SF Express raised US$1.2 billion from a stock placement, freeing capital it plans to use for growth-focused investments including the purchase of new aircraft, pilot recruitment, and technology R&D, according to a filing on the Shenzhen Stock exchange. Local media reports suggest that SF Express will allocate at least […]
  • Charles Kauffman
  • August 24, 2017