Tencent-backed Yeahka plans $300m Hong Kong listing

By Jonathan Breen
21 Nov 2019

Yeahka, a payments technology platform, is planning to float on Hong Kong’s stock exchange. The Chinese firm hopes to raise around $300m from the deal, said a source familiar with the matter.

ABC International, CLSA and Nomura are the sponsors of the IPO, which is expected in the first quarter of next year, said the source.

Yeahka is backed by Tencent Holdings, which partnered with the Shenzhen-based company soon after its founding in 2011. The technology firm helped establish a ...

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