Tencent Music Plans Hong Kong Debut as Soon as Next Week
- Marketing activities could start as soon as in coming days
- Company joins flurry of Chinese firms seeking second listings
Tencent Music’s shares already trade in New York.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Tencent Music Entertainment Group is pressing ahead with its Hong Kong listing plans with a goal to start trading in the Asian financial hub as soon as next week, according to people familiar with the matter.
The Shenzhen-based company, whose shares already trade in New York, is working with advisers on the preparations for its second listing, the people said. Marketing activities could start as early as in the coming days, said the people, who asked not to be identified as the information is private.