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Our investment management business generates asset-based fees ... represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views ...

Meituan has a market valuation of about $217 billion. It said it plans to spend the money it raised on research and development of self-driving vehicles, drones delivery and other technology.

Despite the statement, Meituan's Hong Kong-listed shares have fallen by around 14% since the market opened on Monday morning. Investors are jittery as Chinese business leaders who have been seen ...