Abstract : China’s Internet giant Tencent planned to spin off its music business and list these shares on U.S. stock exchange independently, the company said in a filing to Hong Kong stock exchange on Monday.
BEIJING, July 9 (Xinhua) – China’s Internet giant Tencent planned to spin off its online music business and list these shares on U.S. stock exchange independently, the company said in a filing to Hong Kong stock exchange on Monday.
According to the company, the Hong Kong stock exchange has already approved its proposal to spin off the music business.
The share price and other details of the stock offering have yet to be decided, the company said. (Edited by Yang Yifan, yangyifan@xinhua.org)
You have no permission, please apply to open itYou have no permission, please apply to open it.
A single purchase
This is paid content
Click below to buy
Buy a single article, unlock more content
Scan the QR code and push it to your mobile phone
You've accessed an article available only to subscribers
Keyword:
Tencent