TME Tencent Music Entertainment Group

After announcing earlier this year of a secondary listing, Tencent Music (NYSE:TME) could list in Hong Kong next week, reports Bloomberg. TME is already listed in New York and has roped in advisors for the second listing which could be by way of an introduction. This means TME will not issue any new shares or raise any funds. The move comes as a number of Chinese names look for alternate listings amid a delisting overhang in the U.S. and simmering tensions between the U.S. and China.
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