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Confirmed: Tencent Music to go public in Hong Kong with out elevating new funds

September 16, 2022
Source: allfunjobs.com allfunjobs.com
News Snapshot:
Tencent Music Leisure has confirmed that it’s launching a secondary itemizing in Hong Kong by the use of introduction, which means that the corporate won’t elevate new funds or challenge new shares not like in conventional IPOs. The Chinese language music streaming big, which operates QQ Music, Kugou and Kuwo, confirmed that it’s going to record its class A bizarre shares by the use of introduction on the Hong Kong inventory trade’s principal board, based on a media launch on Wednesday (September 14). The disclosure confirms a report by Bloomberg earlier on Wednesday about TME’s plan to go public in...
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