"New Stock News" According to reports, the China Securities Regulatory Commission has requested Cainiao to supplement the materials for overseas issuance and listing filing.
According to an internal media report citing information from the China Securities Regulatory Commission (CSRC), the CSRC has requested Cainiao Smart Logistics Network Limited to supplement its overseas issuance and listing filing materials. Sources say that this is a routine procedure during the IPO application process for companies. Cainiao submitted its application to the Hong Kong Stock Exchange (00388) on September 26th.
According to an internal media report citing information from the China Securities Regulatory Commission (CSRC), the CSRC has requested Cainiao Smart Logistics Network Co., Ltd. to supplement its overseas issuance and listing filing materials. Sources say that this is a routine procedure during the IPO application process for companies. Cainiao submitted its application for a new listing on the Hong Kong Stock Exchange (00388.HK) on September 26, which is seen as a potential challenge to become the "world's leading smart logistics company." On October 10, the CSRC received Cainiao's IPO filing materials and requested additional filing materials one month later. It is reported that Cainiao has already started non-deal roadshows with Asian investors and has received positive feedback. They are looking forward to meeting with Cainiao's management team.