Linekong starts the game for $150m Gem IPO

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By Rashmi Kumar
02 Sep 2014

Online gaming company and mobile game developer Linekong Interactive has filed for a listing on the Growth Enterprise Market (Gem) of the Hong Kong exchange. The issuer is aiming aiming to raise roughly $150m, which would make it one of the largest ever IPOs on that segment of the exchange.

Citi and Macquarie have been picked as the joint sponsors on the listing, which is likely to hit the market in November, according to a banker.

Companies that target an IPO on Gem are typically those that come with a higher investment risk. They also do not ...

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