#Chinese #logistics companies J&T #Global #Express and SF Holding have announced a #strategic cross-shareholding agreement involving HKD8.3 billion (approximately $1.1 billion) in mutual #investments. The #deal represents a significant consolidation within #China’s competitive logistics #sector as #companies seek to strengthen their #positions in the global #market. https://cnbusinessforum.com/jt-express-and-sf-holding-announce-1-1-billion-cross-shareholding-deal-to-strengthen-global-logistics/
