Courier startup J&T Express closes flat in Hong Kong listing after $450m IPO

Courier startup J&T Express closes flat in Hong Kong listing after $450m IPO

Photo: J&T Global Express website

J&T Global Express, a pan-Asian courier service unicorn with Indonesian roots, made a lacklustre debut on the Hong Kong Stock Exchange on Friday, closing unchanged from its initial public offering price of 12.0 Hong Kong dollars a share.