December 11, 2018 / 9:19 PM / a year ago

Tencent Music IPO priced at low end of range -WSJ

Dec 11 (Reuters) - China-based music streaming company Tencent Music Entertainment Group's initial public offering was priced at the low end of its $13 to $15 per ADS range, the Wall Street Journal reported here on Tuesday, citing a source.

Tencent’s IPO will be the largest U.S.-listed Chinese IPO by market value since Alibaba’s offering in 2014. (Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D’Silva)

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