J&T Express, a leading e-commerce logistics company in Southeast Asia & China, has recently filed for an IPO listing in the Hong Kong Stock Exchange. Although no details of the fundraising size and timeline has been revealed, sources say the proposed sale share is expected to raise between $500 million to $1 billion. This would make it one of the largest Hong Kong issues in 2023. J&T Express is the market leader in ASEAN and is a fledgling player in China. And this IPO, if successful, could be viewed as a proxy for TikTok’s e-commerce ascent. On Money in the Market, Hongbin Jeong speaks to Nirgunan Tiruchelvam, Head of Consumer and Internet at Alētheia Capital, and the author of the book "Investing In The COVID Era", to find out more about the significance of this listing.