:China's Tencent Music will pursue a secondary listing of its shares on the Hong Kong Stock Exchange, the company said on Monday, without giving details of lot size and timeline.

Bloomberg News in February reported https://www.business-standard.com/article/international/tencent-music-entertainment-taps-banks-for-5-billion-hong-kong-listing-121020600072_1.html that the company had selected banks for its planned Hong Kong listing, which could raise as much as $5 billion and happen as soon as this year.

Tencent Music to list in Hong Kong; social unit drags results comes via ChinaTechNews.com.