Tencent’s online publisher files for Hong Kong IPO seen worth $800 million

(4 July 2017) China Literature Ltd, a Tencent Holdings Ltd unit and the country’s largest online publishing and eBook company, has filed for a Hong Kong initial public offering that is expected to raise as much as $800 million.

The deal is also a boost for the Hong Kong bourse, which has failed to attract a significant volume of technology deals despite being the world’s top destination for new listings in 2016.

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