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Tencent Music IPO priced at low end of range - WSJ

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Reuters

(Reuters) - China-based music streaming company Tencent Music Entertainment Group's initial public offering was priced at the low end of its $13 to $15 per ADS range, the Wall Street Journal reported on Tuesday, citing a source.

Tencent's IPO will be the largest U.S.-listed Chinese IPO by market value since Alibaba's offering in 2014.

(Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D'Silva)

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First Published: Dec 12 2018 | 3:32 AM IST

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