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Priced at HK69 879 a share the offering will raise about 42 billion in one of this years biggest internet IPOs in Hong Kong. Net sales by business sector break down into meal delivery 562 travel and hotel reservations 229 and other 209. Hong Kong stocks rose pushing the benchmark index to its longest winning streak in a month after the Federal Reserve signalled borrowing costs will remain near zero through at least 2023 and.
Meituan is an investment holding company which engages in the provision of a platform that uses technology to connect consumers and merchants.
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