Sequoia China’s Neil Shen Reduces Meituan Shares Three Times in Five Days

(Source: Sequoia China)

Neil Shen, the Founding and Managing Partner of Sequoia China, has recently sold more Meituan shares, after previously reducing his holdings by 21.07 million shares and cashing out HK$3.9 billion ($496.86 million) in early July.

According to the documents disclosed by the Hong Kong Stock Exchange (HKEx), on July 21, Neil Shen sold …