NetEase Cloud Music May Raise $1 Billion after Listing Hearing
Hong Kong media reported on Monday that Chinese gaming giant NetEase’s music streaming arm NetEase Cloud Music would pass its listing hearing as soon as this week, eyeing raising about $1 billion. Its co-sponsors are Merrill Lynch, CICC and Credit Suisse. The music platform declined to comment on the news.
On May 26, NetEase announced it pla…
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.