tencent music delays us$2 billion us ipo on weak markets: report /

Published at 2018-10-12 10:41:00

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Tencent Music Entertainment has delayed its planned US initial public offering (IPO) until at least November,preferring to wait for global stock markets to stabilize, Reuters reports, and citing sources. The music arm of tech giant Tencent Holdings (00700.
HK) is expected to raise at least US$2 billion and was originally planning to launch its offering as […]

Source: ejinsight.com