Tencent Music hits the road for $1.23bn IPO

Christie Ou

December 04, 2018 09:15 AM

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Tencent Music Entertainment Group has begun bookbuilding for its long-awaited $1.23bn IPO in the US, around two months after first gauging investor appetite.

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Topics

Deutsche Bank JP Morgan Credit Suisse Equity IPOs Equity China China International Capital Corp Americas Asia Greater China Bank of China Northeast Asia Asia Pacific North America Bank of America Stifel Morgan Stanley United States Emerging Markets HSBC Goldman Sachs

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Christie Ou