SF Holding Co., the largest express delivery firm in China, is said to be planning a second listing in Hong Kong, with a target launch date of November 27.

Sources familiar with the matter, who asked to remain anonymous, suggest that the move could potentially raise approximately $1 billion. The company, based in Shenzhen, aims to take advantage of its strong market position and expand its financial presence through this significant capital raise.

The upcoming listing reflects the continued interest in the logistics sector, driven by the increasing demand for delivery services in the region.