App de­vel­oper Meitu set to un­veil Hong Kong IPO

China Daily (Hong Kong) - - PAGE TWO -

Photo app de­vel­oper Meitu Inc is ex­pected to be listed on the Hong Kong stock mar­ket this week. Meitu is seek­ing to net about HK$ 5 bil­lion ($644 mil­lion) from an of­fer of 574 mil­lion shares at a price rang­ing be­tween HK$ 8.50 and HK$ 9.60 per share. Although lower than the $710 mil­lion ex­pected ear­lier, the list­ing would be the big­gest Hong Kong first-time share sale by a tech­nol­ogy com­pany since al­’s $1.7 bil­lion of­fer­ing in 2007.

On chi­

The 2016 Cul­tural Tourism In­dus­try Di­a­logue will kick off on Thurs­day in Bei­jing as part of the an­nual China Bei­jing In­ter­na­tional Cul­tural and Cre­ative In­dus­try Expo. Eigh­teen ex­perts have been in­vited to the event to share their opin­ions about the de­vel­op­ment of cul­tural tourism. Key­note speak­ers in­clude Dai Bin, head of the China Tourism Academy and Chen Ming jie, mem­ber of the stand­ing com­mit­tee of the Haid­ian district com­mit­tee of the Party in Bei­jing.

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