Source: South China Morning PostMeituan, China’s largest food delivery platform, is raising about US$10 billion in a flash sale on Monday of shares and convertible bonds. The sale of 3.2 per cent of Beijing-headquartered Meituan is in a range of HK$265 (US$34) to HK$274 each, a discount of 5.3 per cent to 8.4 per cent to its closing price of HK$289.20 on Monday, according to a terms sheet seen by the Post. The primary, top-up placement of 187 million shares could raise between US$6.376 billion and US$6.593 billion. It is also…Read More