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Tencent music IPO issues postponed until November in the global market turmoil

via:CnBeta     time:2018/10/12 7:01:44     readed:213


Tencent Cloud

One person familiar with the matter said the company is expected to start a roadshow next week to sell shares to investors, which is expected to begin trading on October 22.

At risk is the valuation of a company that is expected to be one of the largest technology IPOs ever. One person familiar with the matter said that according to an early dialogue with investors, it is expected that the demand for listing will be strong.TencentMusic is expected to be valued at between $25 billion and $30 billion.

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