Tencent-Backed IPOs: Back in Vogue but Positive Returns Remain Far from a Sure Thing
Tencent Holdings (700 HK)-backed IPOs are back in vogue with four listing shortly– Mogu (MOGU US), iDreamsky Technology Limited (1119 HK), Tencent...
628 Views
Tencent Music IPO - Don't Stop Me Now - 9M18 Updates, Outlook and Price Limits
Tencent Music Entertainment (TME US) is looking to raise up to US$1.2bn selling a mix of primary and secondary shares. The implied valuation is in...
856 Views
Tencent Music Pre-IPO Updates - Welcome to the Jungle - Rumoured Asking Valuations More Reasonable
Recent media reports indicate that Tencent Music Entertainment (TME US) could look to list as soon as Dec 12, with a final call on the possible...
1.1k Views
Tencent Music IPO – Should You Be Wary of the Controlling Parent?
With Tencent Music (TME US)'s IPO delayed due to market and Spotify (SPOT US) weakness in our view, we have ample time to look at the bear case for...
651 Views
Tencent-Backed IPOs: Be Wary as They Often Prove to Be Disasters
Since 2017, Tencent Holdings (700 HK) has notched more tech IPO exits than any venture capital, private equity or corporate investor. In many ways,...
592 Views