Delivery Giant Meituan Said to Weigh Second Listing in China
- Shenzhen’s ChiNext is among listing venues under consideration
- Meituan raised about $4.2 billion in Hong Kong IPO in 2018
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Meituan is considering a second listing in China as soon as next year after its Hong Kong shares more than quadrupled in the two years since its debut, according to people familiar with the matter.
The world’s largest meal delivery service has held initial discussions with advisers for the potential share sale in China, said the people, who asked not to be identified. Meituan is weighing ChiNext, a Nasdaq-style board under the Shenzhen Stock Exchange, among possible listing venues in China, one of the people said.