{"id":85484,"date":"2018-12-04T14:24:58","date_gmt":"2018-12-04T22:24:58","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2018\/12\/chinas-biggest-streaming-music-service-reveals-the-details-for-its-us-ipo"},"modified":"2018-12-04T14:24:58","modified_gmt":"2018-12-04T22:24:58","slug":"chinas-biggest-streaming-music-service-reveals-the-details-for-its-us-ipo","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2018\/12\/chinas-biggest-streaming-music-service-reveals-the-details-for-its-us-ipo","title":{"rendered":"China\u2019s biggest streaming-music service reveals the details for its US IPO"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/chinas-biggest-streaming-music-service-reveals-the-details-for-its-us-ipo.jpg\"><\/a><\/p>\n<ul class=\"\">\n<li>Tencent Music on Monday set the price for its US initial public offering after global markets got a boost from a truce in the US-and-China trade war. <\/li>\n<li>The company said American Depository Receipts will price between $13 and $15, helping it raise as much as $1.2 billion. <\/li>\n<li>The IPO was initially scheduled for October 18, but was postponed due to stock-market volatility.<\/li>\n<li>Monday\u2019s filing comes after President Donald Trump agreed to postpone new tariffs on Chinese imports by 90 days and Chinese President Xi Jinping agreed to buy a substantial amount of US goods and name Fentanyl a controlled substance.<\/li>\n<\/ul>\n<p>Tencent Music Entertainment <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1744676\/000119312518340313\/d624633df1a.htm\" target=\"_blank\">filed<\/a> with the Securities and Exchange Commission on Monday to set the price for its US initial public offering \u2014 one day after President Donald Trump and Chinese President Xi Jinping announced a truce in the trade war between the US and China.<\/p>\n<p>The China-based streaming-music service backed by tech giant Tencent said the offering price will be in the range of $13 and $15 per American Depository Receipt, helping it raise as much as $1.2 billion.<\/p>\n<p><!-- Link: <a href=\"https:\/\/markets.businessinsider.com\/news\/stocks\/tencent-music-ipo-details-revealed-2018-12-1027776655\">https:\/\/markets.businessinsider.com\/news\/stocks\/tencent-musi...1027776655<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tencent Music on Monday set the price for its US initial public offering after global markets got a boost from a truce in the US-and-China trade war. The company said American Depository Receipts will price between $13 and $15, helping it raise as much as $1.2 billion. The IPO was initially scheduled for October 18, [\u2026]<\/p>\n","protected":false},"author":367,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1509,42],"tags":[],"class_list":["post-85484","post","type-post","status-publish","format-standard","hentry","category-entertainment","category-media-arts"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/85484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/367"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=85484"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/85484\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=85484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=85484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=85484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}