19-02-2016 14:47 via news.yahoo.com

Chinese logistics firm ZTO Express plans U.S. IPO - WSJ

(Adds IFR report on ZTO's Hong Kong IPO plan; also adds companyand IPO market background) Feb 19 (Reuters) - Logistics company ZTO Express is planninga U.S. initial public offering that could be the biggest U.S.listing by a Chinese company since ecommerce giant Alibaba GroupHolding Ltd's $25 billion IPO, the Wall Street Journalreported. Shanghai-based ZTO Express could raise between $1 billionand $2 billion by later this year or early 2017, the Journalreported, citing people familiar with the ma
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