Logistics Provider GLP Preparing to List China Business in 2026

Logistics company GLP Pte is seeking to list its China business in an initial public offering next year, said its backer Hopu Investment Management Co.

“We’re preparing for an IPO of the China business in 2026,” Gunther Hamm, a partner at Hopu and a board member of GLP, said on a panel at the SuperReturn Asia conference in Singapore on Thursday.

The move toward a potential listing comes after the sale of GLP’s non-China fund management business to Ares Management Corp., in a deal that was completed earlier this year.

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