IPOs & Markets
The online food delivery-to-ticketing services platform priced its Hong Kong IPO near the top end of an indicative range
Meituan was valued at around $30 billion in a fundraising round late last year.
The company is the world's second largest lithium producer by sales.
Babytree is targeting a valuation of $3-5 billion.
The listing comes as Hong Kong works to lure overseas-listed firms to conduct secondary share offerings in the financial hub.
The float is widely seen as a test of Hong Kong's IPO market as investors consider several large deals when the index is down
Ascletis Pharma is said to have priced its IPO in the middle of an indicative range in the first Hong Kong listing under new rules designed to attract
It is in talks with potential cornerstone investors for what would be the world's largest IPO in four years.
The share sale is widely seen as a test of market sentiment for what is expected to be a packed second-half of the year in terms of IPOs in Hong Kong
Timing will, however, depend somewhat on how well Xiaomi's IPO is received.
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