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East Asia
The Chinese toy company, well known for its blind boxes, has gained popularity among young consumers.
The company posted USD 395 million in net income, up 53% year-on-year.
The new capital can fully fund the production of the FF 91 model, the company says.
Both cooperated on different initiatives in the past years.
Lenovo adds up to a list of tech firms leveraging on the Star Market to seek funds.
5G and EV stay at forefront with Samsung and Panasonic leading the way.
The healthcare sector was drawing most of the investor interest.
Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements.
