Best bags smaller $450m after slashing US IPO

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Best bags smaller $450m after slashing US IPO

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Tourists and workers outside he New York Stock Exchange in Lower Manhattan on Friday, August 11, 2017. (Photo by Richard B. Levine) *** Please Use Credit from Credit Field *** | Richard B. Levine/SIPA USA/PA Images

Chinese logistics firm Best raised $450m from its US IPO this week, slicing the deal size by as much as half.

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