If JD Tech Is Getting Back on IPO Track, Could Ant Group Be Next?

China’s securities regulator is reported to be taking another look at JD Technology’s IPO application and might approve the listing at the end of the year. The market thinks Alibaba’s Ant Group may also be getting close to reviving its IPO Key Takeaways: Reports are circulating that Chinese securities regulators are reviewing JD Technology’s IPO application, and that the firm’s investment bankers have resumed work on the listing Meanwhile, Ant Group has taken a potential step towards a revived IPO after boosting the registered capital of its consumer finance arm…

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FAST NEWS: Tencent Music’s Hong Kong Shares Outshine New York in Trading Debut

The latest: Tencent Music Entertainment Group (TME.US; 1698.HK) listed on the Hong Kong Stock Exchange Wednesday using a method called “by way of introduction,” which does not involve issuing new shares. The stock is already listed in New York. Based on each American depositary share (ADS) representing two Hong Kong-listed shares, its opening price of HK$18 was slightly higher than the ADS’ New York Tuesday closing price, which was the equivalent of HK$17.98. Looking up: During the listing ceremony, Chairman Cussion Pang said the company will strengthen support for original…

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FAST NEWS: Tencent Music to Make Second Listing in Hong Kong

The latest: New York-listed Tencent Music Entertainment Group (TME.US; 1698.HK) announced Thursday it will make a second listing in Hong Kong using a method called “by way of introduction,” which does not involve issuing new shares. Trading for the new listing is expected to begin next Wednesday. Looking up: Earlier this year, Tencent Music was placed on a growing list of Chinese companies that could be forcibly delisted in the U.S. for failing to comply with U.S. law. Thus, its new Hong Kong listing will help it to maintains its status as…

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