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Palate cleanser

20 September 2018 By Robyn Mak

Shares of the takeaway-to-taxi app rose as much as 7 pct in their Hong Kong debut, lifting its value to $56 bln. Phone maker Xiaomi’s fumbled start in July dented confidence. But Meituan anchored expectations and brought in big funds. It’s a sensible recipe for others too.

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