The company expects to be in a position to forgo so-called pre-marketing meetings where it meets with institutional investors before a deal launch given its size and that many investors are already familiar with the company, the sources added. It is hoping to raise between billion and billion through the listing, Reuters has reported.
The company first revealed the event on its website on Thursday. It offered overnight lodging in September for one Airbnb user and a companion in a "room" transformed from a torch tower on the Badaling Great Wall. The room would be equipped with a bathroom, the company said.
The company also said it will attract more partners into its 5G smart video ecosystem.
The commission is now working on a third tranche of mixed-ownership reform pilot projects for SOEs.
The company did not disclose the amount it aims to raise from the IPO.
The company has also prioritized high growth foods in the beverage sector including coffee, pet care, infant and toddler nutrition formula and bottled water.
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The company has been in the big data industry for five years, accumulating experience in data, platform, products and service. It now has around 100 employees working in areas related to the big data business.
The company currently has 10 million shared bikes globally and 200 million users in 250 cities around the world, said Xiang Jigui, vice-president of the company.
The combined space of transacted residential properties in Beijing, Shanghai, Guangzhou and Shenzhen was 2.4 million square meters, down 17 percent month-on-month, or 46 percent year-on-year, according to data from China Real Estate Index System, Beijing-based real estate market information provider.
The company also recently released its domestically-developed high-safety nuclear power plant distributed control system platform, which is also known as the "central nervous system" of nuclear power plants that ensure nuclear projects' safety and stability and enables China to have a distributed control system with completely independent intellectual property rights.