HONG KONG -- Tencent Music Entertainment Group's plans to sell up to $5 billion in shares while acquiring a listing in Hong Kong by the end of the year are fading amid market volatility and China's crackdown on online platforms.
Media & Entertainment
Tencent Music's plan stalls for $5bn Hong Kong listing in 2021
Share plunge, regulatory crackdown and market unrest drive delay
Tencent Music has lost almost 70% of its market value since the stock peaked in New York in March. © Reuters
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