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<IPO>Busy Ming Group's HK IPO Reportedly Introduces Tencent, Fidelity, Temasek as Cornerstone Investors
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Mainland Chinese snack chain Busy Ming Group cleared HKEX (00388.HK) IPO hearing. According to hearsay, it introduced TENCENT (00700.HK), Fidelity International, and Temasek as cornerstone investors.

The company is purportedly anticipated to raise approximately USD500 million (equivalent to about HKD3.9 billion), with the subscription possibly starting as early as today (20th).

Related NewsNomura Expects TENCENT (00700.HK) 4Q Rev. to Grow 12% YoY, Reiterates Buy Rating

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