Apr 20, 2021 07:39 AM (GMT+8) · EqualOcean
According to reports, meituan plans to sell 187 million shares at the price of HK $273.8 per share, raise as much as US $10 billion through rights issue and bond issuance, and Tencent holdings will subscribe for up to US $400 million worth of meituan shares. In addition, meituan will sell about $3 billion of interest free convertible bonds. Meituan plans to raise funds for technological innovation, including research and development of automatic express vehicles, UAV delivery and other cutting-edge technologies, as well as general corporate purposes.

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