By Julie Zhu
Meituan was valued at around $30 billion in a fundraising round late last year.
Lyft plans to begin taking pitches from banks as soon as September, targeting March or April for the listing.
TA Associates and Hong Kong-listed equipment lessor Far East Horizon Ltd. bought a stake in the firm in 2015.
The government will ask LIC, SBI, PNB and BoB to slash their stakes in UTI AMC from 18.25% to 10% each.
The prospect of authorities reviving China’s CDR program looks bleak.
Tubatu joins a list of Chinese firms that are seeking to raise money in Hong Kong even if their financial figures are in the red.
X Financial will follow the footsteps of fellow Chinese P2P lender Weidai Ltd which earlier this month filed for a $100-million IPO in the US.
Xiaomi, which raised $5.4 billion in its Hong Kong IPO in June, is Viomi’s strategic partner and shareholder.
Matahari plans to invest further in its fast-growing e-commerce business and third-party logistics services.
The firm seeks to invest capital to develop new products in areas such as autonomous driving and battery technologies.