GLP, a $20B logistics firm, considers a 2024 Hong Kong IPO amid improving China's economy.

Logistics giant GLP is exploring a potential Hong Kong stock market listing as early as next year. The company, valued at about $20 billion, was taken private in 2017. While the exact timing and valuation of the listing are uncertain, the move could be bolstered by recent improvements in China's economic conditions. This listing could also provide a boost to Hong Kong's struggling stock market.

November 29, 2024
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