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: 在线观看免费福利 | 天天撸夜夜操 | 日本不卡一区二区三区四区 | www.夜夜夜 | 日韩一区二区视频在线 | 欧美做受视频 | 亚洲欧美日韩国产一区 | 国产做受入口竹菊 | 香蕉视频在线免费播放 | 超碰在线免费播放 | 精品免费久久久 | 日韩欧美激情 | 国产精品手机在线观看 | 国产高清视频在线播放 | 日本久久中文 | 深夜福利91 | 毛片aaa | a毛片网站 | 日韩在线视频看看 | 97国产成人| 99精品小视频 | 中文字幕天堂在线 | 国产激情免费 | 欧美天堂在线视频 | 欧美裸体xxxx极品少妇 | 久久三级视频 | 精品日本一区二区三区在线观看 | 中文字幕永久免费 | 激情小视频在线观看 | 国产午夜久久 | 国产一区二区三区网站 | 免费一级黄色 | 天天色一色 | 免费中文字幕日韩欧美 | 国产主播一区二区 | 色导航在线| 538精品视频 | 激情三区 | 激情视频一区二区 | 男女爱爱视频免费看 | 牛牛视频在线 |