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Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debut

Shares of Tencent-backed J&T Express fall in lackluster Hong Kong debut

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Shares of Indonesia’s J&T Express fell 1.33% when it went public on Friday.

The logistics service provider traded at 11.84 Hong Kong dollars ($1.51) on Friday morning, after opening at HK$12.

The HK$3.92 billion ($500 million) IPO is the second largest listing in Hong Kong this year, after…


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