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China's Logistics Firm ZTO Express Eyes Largest U.S. IPO This Year

ZTO Express, a Chinese logistics company that counts e-commerce group Alibabaas its biggest client, aims to raise as much as $1.3 billion in what could be the largest initial public offering in the U.S. this year. The Shanghai-based company plans to sell 72.1 million American depositary shares for $16.5 to $18.5 [...]
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