SF Express has raised 8 billion yuan through a share placement, with proceeds to be used to buy more airplanes and boost technology. Photo: Imaginechina

SF Express raises US$1.2b to buy airplanes and boost technologies

The funds are raised through a share placement with eight institutions including Guotai Junan and Penghua Fund Management

Topic |   Transport and logistics

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SF Express has raised 8 billion yuan through a share placement, with proceeds to be used to buy more airplanes and boost technology. Photo: Imaginechina
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