Tencent Music Entertainment Group, China’s largest music-streaming company, is preparing what would be one of the biggest technology IPOs ever following the successful debut of its European counterpart, Spotify Technology SA. The digital-music business ……
Monthly Archives For April 2018
China’s Spotify Prepares For Tech Industry’s Biggest IPO Ever
Heralded the ‘Spotify of China’, dominant Chinese music streaming company, Tencent Music, is reportedly preparing for an IPO – an event forecast to be the biggest tech IPO in history yet. The news follows the…
Tencent Music plans IPO for second half of 2018
[Photo/IC] Tencent Music Entertainment Group, China’s largest music-streaming company … considered the latest sign the IPO market is gaining steam. Tencent Music’s offering could value the business in excess of $25 billion, a sharp jump…
iQIYI And Chill: The ‘Netflix Of China’ Can Be Your Next Multibagger
iQIYI (IQ) – a spin-off from the “Google of China” Baidu (BIDU) that just raised $2.25 billion in its March 2018 IPO – is a leader in mainland China’s online video market. Its paying subscribers…
A China-US trade war could hurt the IPO market for a time: EY
A potential trade war between the world’s top two economies may affect the initial public offering market in the short term, Ringo Choi, the Asia Pacific IPO Leader of EY told CNBC on Wednesday. But…
Chinese Streamer Tencent Prepping For IPO
Another landmark tech IPO could be on the cards as China’s largest music-streaming company Tencent Music Entertainment Group looks to emulate the likes of Spotify on the stock market. The move follows Spotify’s successful IPO…
Ping An healthcare unit maps out plan for $1.1 billion Hong Kong IPO
In January, Reuters reported that Ping An Insurance had raised nearly $1 billion for a medical data collection and analysis business ahead of a Hong Kong IPO. The operator of China’s largest internet healthcare platform,…
CHINA’S STREAMING GIANT EYES AN IPO
China’s largest music-streaming company, Tencent Music Entertainment Group, is following the lead of Spotify and preparing an IPO that could value the company at more than $25b. The Wall St. Journal reported that internet behemoth…
China may backslide on deleveraging if trade war looms
China has also this year vowed to lighten the tax burden on … higher inflation and some localized unemployment if factories in affected sectors see their business hit, but neither are expected to be severe,…
36 tourists, most from China, killed in bus accident in North Korea
It said China had dispatched a medical team accompanied by diplomats to assist the North Korean side. The accident occurred Sunday night in North Hwanghae province in North Korea’s capital, ministry spokesperson Lu Kang said…
China expected to release first 5G mobile phone in 2019
China’s first 5G mobile phone is expected to be released during the second half of 2019, said Wen Ku, director of the telecom development department at China’s Ministry of Industry and Information Technology. He made…
BEIJING | 36 dead, mostly Chinese, in North Korea traffic accident
BEIJING | April 23, 2018 (AP)(STL.News) A traffic accident in North Korea has killed 32 Chinese tourists and four North Koreans, Chinese officials said Monday. Two other Chinese tourists were badly injured and were in…
Sushma Swaraj in Beijing: Important for Indians and Chinese to learn each other’s language, says Union minister
Beijing: External affairs minister Sushma Swaraj, on Monday, asked Indians and Chinese to learn each other’s language as it will help them overcome communication barriers and further strengthen the relationship between the two nations. Swaraj,…
