Bloomberg Meituan Dianping raised about $4.2 billion after the Chinese food review and delivery giant priced its Hong Kong initial public offering near the top of a marketed range, according to people with knowledge of the matter. China’s second largest tech startup priced its sale of 480.27 million new Class B shares at HK$69 apiece, the people said, asking not ...

Bloomberg The party isn’t over for Chinese companies seeking US listings and NIO Inc., which almost doubled after two full days as a public company, might deserve credit for keeping the trade alive. After an underwhelming first day of trading on September 12, the surge in the Shanghai-based electric car maker suggests investors may continue to swarm around US listings ...

Bloomberg China’s home prices rose at the fastest pace in almost two years in August, adding to the likelihood of more government tightening in the housing market. New-home prices gained 1.49 percent from the previous month, according to Bloomberg calculations based on data for 70 cities released by the National Bureau of Statistics. That compared with a 1.2 percent increase ...