China's Meituan Dianping has on Friday set a price range of 60 to 72 HK dollars (7.64 to 9.17 US dollars) per share for its initial public offering (IPO) in Hong Kong.

Meituan Dianping, an online platform for ordering food and booking tickets, values itself at 45.5 billion US dollars to 54.7 billion US dollars for the IPO, according to Caijing.com.

The Internet firm finished the listing hearing on August 23, and intended to raise about 4 billion US dollars in its IPO.

Five cornerstone investors of the company could contribute 1.5 billion US dollars, including Tencent Holdings Ltd, Oppenheimer, Lansdowne Partners, Darsana Master Fund and Chengtong Holdings Group, according to people familiar with the matter.

According to its prospectus officially submitted on June 25, Meituan Dianping's revenue reached 33.9 billion yuan in its financial year ending Dec. 31, 2017, rising from 13 billion yuan in 2016 and four billion yuan in 2015.

Last year, the company served 310 million transacting users, up from 259 million in 2016, and the annual average transaction of users stood at 18.8, rising from 12.9 in 2016 and 10.4 in 2015.