According to Meituan, it is considering issuing offshore RMB bonds as soon as possible in the next few weeks. This will allow the company to once again open overseas debt financing channels after a lapse of one year. According to people familiar with the matter, Meituan has obtained approval from relevant departments to issue offshore bonds, and the funds raised will be used for general corporate purposes. Meituan did not respond to requests for comment.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.