Analysts delve into China Literature as $800m IPO kicks off
Tencent Holdings-backed China Literature’s $600m-$800m Hong Kong IPO is off to a red-hot start as pre-deal investor education begins, with shadow indications of interest already strong after the first day.
Analysts from the leads met with investors in Hong Kong on Monday and will be in the US by the end of the week, making halts in New York and then Boston, said a banker close to the listing. They also plan to visit London and Singapore.
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