Press Releases from FBC Asia Limited (1 total)
FBC Asia Limited In Hong Kong gets it right again.
China food delivery service platform Meituan Dianping closed up 5 per cent on its trading debut on Thursday, pushing co-founder Wang Xing’s net worth up to US$5.3 billion.
The company’s market cap reached about HK$400 billion (US$51 billion), exceeding that of many top Hong Kong companies on the benchmark index.
The Beijing-based company, which raised US$4.2 billion in the city’s second-biggest technology initial public offering this year, opened higher and briefly touched…
