Y Combinator’s Garry Tan Goes to the MatRead more

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Tencent Music Seeks Secondary Listing in Hong Kong

By
Wayne Ma
· · Source: Bloomberg

Tencent Music is seeking a secondary listing in Hong Kong, Bloomberg reported. The Chinese music streaming service, which is affiliated with internet giant Tencent, is taking advantage of Hong Kong’s red-hot capital markets. A secondary listing could also protect it from increased U.S. scrutiny of Chinese firms listed in the U.S. Tencent Music raised more than $1 billion in an initial...

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