Roadshows kick off Friday for a follow-on share offering by Autohome, the US-listed Chinese car-trading website.
On offer are 8.5 million shares. Roughly six million of these will be offloaded by Telstra, the Australian telecom and media company which currently owns roughly 65% of the company and is looking to snip its stake to 57%.
Depending on demand, the Deutsche Bank and Goldman Sachs-led share sale could net Telstra up to $328 million, with Autohome securing $100 million from the sale of the remaining shares.
Executives will spend one day meeting with investors in Hong Kong and three days travelling in the US...
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