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Tencent Music Is Officially Prepping a Hong Kong Stock Listing
About 6 months following disclosing its intention of spearheading a secondary stock listing, Tencent New music (NYSE: TME) is reportedly making ready to make shares offered on Hong Kong’s exchange “as soon as subsequent week.” Update (9/15): Tencent Songs has confirmed its Hong Kong listing strategies, and shares are predicted to start off trading as “1698” next Wednesday, September 21st. In a different launch, the firm quietly declared that Liang Tang had resigned from the board, with a single Jeanette Kim Yum Chan (now main authorized, compliance, and possibility officer at Australia’s Airwallex) signing on as an “independent director.” An current director, Edith Manling Ngan, has changed Tang on the…