BEIJING—More than 300 Chinese firms including Meituan Dianping, China’s largest food delivery company, and smartphone maker Xiaomi Corp. are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus, two banking sources said.
The firms, including China’s dominant ride hailing service provider, Didi Chuxing Technology, Megvii Technology, and Qihoo 360 Technology, were either involved in the control of the outbreak or had been hardest hit, the sources told Reuters on Feb. 10.
