CMGE Tech hopes for third time lucky with HK IPO

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By Jonathan Breen
24 Sep 2019

Chinese game developer CMGE Technology Group has filed an IPO prospectus with Hong Kong’s stock exchange for the third time and is confident about listing this year.

The company is working with the same sponsors, BNP Paribas and CICC, and targeting a deal size of around $200m, according to a source familiar with the matter. 

But both the issuer and the lead banks are keeping a close eye on the market before launching. “There is still ...

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