China’s Tencent Music raises $1.1 billion in downsized US IPO

Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 apiece ahead of a listing on the NYSE today. That makes it one of the largest tech listings of the year, but the pricing is at the bottom end of its $13-$15 range, indicating … Continue reading China’s Tencent Music raises $1.1 billion in downsized US IPO