China's Meitu Eyes A Too-Pricey IPO

China’s Meitu Eyes A Too-Pricey IPO

China’s most popular photo touch-up app maker Meitu’s planned listing might be the next big tech IPO in Asia. However, the Xiamen-based firm will have to do more to convince investors it’s able to turn around its loss-making business model. Meitu has filed for an initial public offering in Hong Kong. The firm is preparing to raise at least $500 …