China Reading news and trends

Tencent Planning E-Book IPO

March 24, 2017
Initial Public Offering
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Tencent Planning E-Book IPO

March 24, 2017
Tencent Holdings is in the midst of getting ready to spin off its eBook operations, Bloomberg News reported Thursday. The move comes as the firm would bring those shares onto a Hong Kong exchange, and the announcement comes in the wake of fourth quarter results for the consolidated company that slipped below analyst estimates. The spinoff, […]