In this segment of the MarketFoolery podcast, host Chris Hill and Million Dollar Portfolio’s Matt Argersinger reflect on the recently IPO’d iQiYi (NASDAQ:IQ), which Baidu spun off. Essentially, this was China’s Google hiving off China’s…
Tagged By ipo
Tencent Music Plans IPO; Valuation Could Exceed $25 Billion
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 ……
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,…
At war with Alibaba: Top brands fight China e-commerce giant
SHANGHAI — It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 per cent jump in online sales on Alibaba’s Tmall, thanks to the e-commerce giant’s…
China opposes all forms of protectionism, commerce minister says
BEIJING (Reuters) – China opposes all forms of protectionism and will firmly safeguard the world’s multilateral trading system, its commerce minister wrote on Monday in the ruling Communist Party’s official newspaper. China will quicken the…
China’s ZTE seeking a solution to U.S. tech ban
BEIJING — ZTE Corp., one of China’s biggest tech companies … The sanctions could handicap ZTE’s global business selling smartphones that use Google Inc.’s Android system and network gear for phone and internet companies that…
