Tencent launches pre-marketing

China''s largest instant messaging company battles on with IPO.

Tencent Technology began pre-marketing on Monday May 17 for an IPO that looks likely to raise up to $200 million. Goldman Sachs is leading the deal, which is being pitched on an exceptionally wide valuation range in a reflection of deteriorating market conditions particularly for China-related plays Editor's note this article was first published on Wednesday May 19.

Fund managers say the all new share deal is being pitched on a range of 15 to...

To continue reading, please login or register for free

Click for more on: tencent | launches | premarketing

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...