News Snapshot:
(Bloomberg) -- The music streaming arm of Chinese gaming giant NetEase Inc., is reviving its plans for an initial public offering in Hong Kong after it put the listing on hold earlier this year. Cloud Village Inc. refiled a preliminary prospectus to the Hong Kong stock exchange on Tuesday. The unit could seek to raise about $500 million in an offering as soon as this year, according to people familiar with the matter who asked not to be identified as the information is private. Cloud Village had been pursuing an IPO of about $1 billion, Bloomberg News reported in May....
