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NetEase's music app files for US$1b Hong Kong IPO | Article | China Daily


Source: chinadailyhk.com chinadailyhk.com
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NetEase’s music app files for US$1b Hong Kong IPO By Bloomberg Wednesday, May 26, 2021, 21:40 By Bloomberg In this Aug 12, 2019 photo, two men stand in front of the NetEase logo in Beijing. (Photo / IC) Chinese mainland gaming giant NetEase Inc's music streaming arm has filed for an initial public offering in the Hong Kong Special Administrative Region as the Tencent Holdings Ltd rival ratchets up competition in online content. The Hangzhou-based firm has submitted a listing application for Cloud Village Inc to the Hong Kong stock exchange, according to a filing on Wednesday. Cloud Village holds…

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