Chinese online property site Beike seeks $2bn in New York IPO

Offering planned even as JD.com and others seek backup listings in Hong Kong

20200625 Tianjin apartments

Apartment blocks loom behind the Florentia Village shopping center in China's Tianjin. Online property listing platform Beike is exploring a U.S. stock market listing. © Reuters

NARAYANAN SOMASUNDARAM, Nikkei Asian Review chief banking and financial correspondent

HONG KONG -- Beike Zhaofang, a Chinese online property brokerage backed by Tencent Holdings and SoftBank Group, has filed to go public in New York in an offering that could be worth as much as $2 billion.

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