Tencent-backed Ke to close $2bn IPO early

By Jonathan Breen
11 Aug 2020

Ke Holdings, which operates Chinese real estate platform Beike, is set to close the orderbook for its $2bn US listing a day earlier than planned, according to a source close to the deal.

The Tencent Holdings-backed company launched its IPO on August 7. It was scheduled to continue bookbuilding through to Wednesday. But with the book multiple times subscribed by the start of the week, it is now planning to wrap up the deal by the US market close on Tuesday, ...

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