News Snapshot:
Chinese TV producer Linmon Media has filed an application for an initial public offering in Hong Kong. It is the third time that the eight-year-old company has sought a stock market flotation. The heavily-redacted draft prospectus, sponsored by Morgan Stanley and CICC, does not reveal how much fresh capital the company aims to raise, nor the company’s anticipated valuation. The timetable for IPO is also not disclosed. Linmon previously sought a listing on the mainland China A-share market and had a prior attempt at listing in Hong Kong late last year. Both applications were abandoned. The company was founded back...
