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November 7, 2017 02:04 pm GMT
Tencent’s China Literature, an Amazon-like e-book business, is continuing the trend of Asian tech IPOs after it announced its public listing in Hong Kong will raise $1.06 billion on Wednesday. The company set the price for its151,371,800 share offering atHK$55, the top end of its range, and it could sell an additional 22.7 million through a greenshoe option with underwriters. The… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oU1p5ajFjaE/
Tencents online publishing arm set to raise $1B in Hong Kong IPO
Tencent’s China Literature, an Amazon-like e-book business, is continuing the trend of Asian tech IPOs after it announced its public listing in Hong Kong will raise $1.06 billion on Wednesday. The company set the price for its151,371,800 share offering atHK$55, the top end of its range, and it could sell an additional 22.7 million through a greenshoe option with underwriters. The… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/oU1p5ajFjaE/
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