Tencent Music Entertainment Group, the online music division of China’s largest social-media firm Tencent Holdings Limited, is postponing its highly anticipated initial public offering, amid concerns that the recent sell-off would affect its pricing. The Shenzhen-based company met with its underwriters this week, said The Wall Street Journal citing people familiar with the deal. Tencent […]
Tencent Music Postpones US IPO Amid Global Market Sell-Off appeared first on China Money Network.