US EditionJ&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
The HK$8.3 billion deal creates mutual stakes of 10% and 4.29%, aiming to enhance cross-border logistics and support Chinese firms expanding overseas, the companies said.
- On Thursday, J&T Global Express and S.F. Holding Co., Ltd. announced a HKD 8.3 billion cross-shareholding deal involving mutual issuance of new shares in Hong Kong.
- The pact aims to jointly build a more extensive, efficient, and resilient global logistics network to serve Chinese companies expanding overseas and unlock complementary synergies by integrating resources between J&T Global Express and S.F. Holding Co., Ltd.
- Under the terms, S.F. Holding will subscribe 821.66 million newly issued J&T Class B shares at HK$10.10, while J&T Express will issue 226 million SF H shares at HK$36.74.
- Upon completion, S.F. Holding Co., Ltd. shares rose about 3 per cent to HK$36.4, and J&T Global Express climbed 1.87 per cent to HK$11.96, according to filings.
- The deal positions S.F. Holding and J&T Global Express to combine networks spanning approximately 200 and thirteen countries, targeting cross-border e-commerce growth and Chinese exporters.
42 Articles
42 Articles
Bennington Banner
J&T Global Express and SF Holding Announce Strategic Cross-Shareholding to Build a New Global Smart Logistics Ecosystem
HONG KONG, Jan. 14, 2026 /PRNewswire/ -- J&T Global Express ("J&T Express" or "J&T", 1519.HK), a global leading integrated logistics service operator, and S.F. Holding Co., Ltd. ("SF Holding", 002352.SZ, 6936.HK) jointly announced today that they have entered into a…
J&T Global Express, SF Holding ink $1.1B cross-shareholding deal to build new global smart logistics ecosystem
J&T Global Express (J&T Express), a global integrated logistics service operator, and S.F. Holding, a Chinese multinational delivery services and logistics company, jointly announced Thursday that they have entered into a strategic cross-shareholding agreement involving the mutual issuance of new shares, with an investment and transaction amount of HKD 8.3 billion ($1.06 billion). J&T Express said in a statement that pursuant to the agreement, t…
Coverage Details
Bias Distribution
- 68% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
