Private Equity

Chinese Streaming Service Tencent Music Climbs In Trading After $1.1-billion Ipo - Los Angeles Times

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Tencent Music Entertainment Group climbed in its U.S. trading debut Wednesday after pricing its initial public offering at the bottom of a marketed range. China’s largest music-streaming service, which is backed by Tencent Holdings Ltd., and existing shareholders raised $1.1 billion by selling...

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