(L-R) Gary Ngan King-leung, chief financial officer, Cai Wensheng, founder, executive director and chairman, and Wu Xinhong, founder, executive director and chief executive officer of Meitu, announce their IPO plans in Hong Kong on Friday. Photo: Dickson Lee

Selfie touch-up app Meitu to launch HK$5bn IPO

Officials say they chose to list in Hong Kong because they have confidence in the city as a global financial hub

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(L-R) Gary Ngan King-leung, chief financial officer, Cai Wensheng, founder, executive director and chairman, and Wu Xinhong, founder, executive director and chief executive officer of Meitu, announce their IPO plans in Hong Kong on Friday. Photo: Dickson Lee
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