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SoftBank-backed KE Holdings shares surge in New York debut

Shares of SoftBank-backed KE Holdings Inc jumped 75% in their New York debut on Thursday, after the Chinese online real estate broker raised $2.12 billion in its initial public offering that was priced above its earlier target range.

Alibaba-backed Best to list delivery business in Hong Kong

Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen to boost its valuation and establish an investor base closer to China, said three sources with knowledge of the matter.

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