日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Selfie app Meitu gauges interest in $750m IPO

China Daily | Updated: 2016-11-22 07:58

Selfie app Meitu gauges interest in $750m IPO

Actress Angelababy attends a smartphone launch ceremony of Meitu Inc, a developer of photo touch-up apps, in Xiamen, Fujian province. CHEN LIJIE / FOR CHINA DAILY

Chinese mainland mobile developer Meitu Inc said it started testing demand for a proposed Hong Kong initial public offering worth about $750 million, which could be the city's biggest technology listing in nearly a decade.

The Xiamen-based company, which makes apps used to touch up selfie photos, will gauge interest from potential investors from Monday through Dec 2, according to terms for the offering obtained by Bloomberg. Meitu plans to use about 35 percent of the IPO proceeds to expand its smart hardware business, while around 25 percent will go toward strategic investments and acquisitions.

Meitu hasn't set a target listing date or decided when it will begin taking orders for the share sale, the terms show.

The stock offering from Meitu could become a test case for mainland technology companies seeking to list in Hong Kong. A government crackdown on backdoor listings has made it tougher for businesses to raise money in the Chinese mainland, while some entrepreneurs believe US exchanges don't offer high enough valuations for their businesses.

At $750 million, the Meitu listing would be the biggest Hong Kong first-time share sale by a technology company since Alibaba.com Ltd's $1.7 billion offering in 2007, data compiled by Bloomberg show. Meitu plans to gauge demand this week from investors in Hong Kong, London, New York and Boston and will conduct calls with Singapore money managers, according to Monday's terms.

The company will meet select Asian investors next week, before starting a formal management roadshow at a later date. It plans to earmark about 15 percent of the IPO proceeds for sales and marketing, the terms show. Meitu will also use some of the money to expand its internet service and fund research and development.

Morgan Stanley, Credit Suisse Group AG and China Merchants Securities Co are joint sponsors of the offering.

Bloomberg

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: www在线观看视频 | 精品国产99久久久久久 | 亚洲深夜福利视频 | 香蕉伊人网| 午夜免费 | 亚洲天堂视频网站 | 爽天天天天天天天 | 色婷婷视频在线观看 | 中文久久精品 | 在线观看免费黄色 | 毛片视频在线免费观看 | 四虎成人在线视频 | 人人艹超碰 | 久久资源av | 国产福利在线播放 | 国产精品色婷婷99久久精品 | 男人的天堂久久 | 国产日本在线 | а√中文在线资源库 | 日本激情视频网站 | 在线观看免费高清视频 | 黄色片网站在线播放 | 黄色片视频免费观看 | 天天操天天干天天舔 | 久久午夜国产精品 | 小蝌蚪污视频 | 国产精品综合在线 | 在线免费黄 | 美女av网 | 国产自在线 | av一区二区三区四区 | 国产婷婷色一区二区三区 | 日韩成人午夜 | 一区二区高清 | 国产精品婷婷午夜在线观看 | 国产91久久久 | 欧美特级黄色大片 | 亚洲高清在线观看视频 | 人人爱人人插 | 精品视频99 | 伊人超碰 |