A picture showing Beike Zhaofang’s mobile app for real estate transactions. Photo: 163.com A picture showing Beike Zhaofang’s mobile app for real estate transactions. Photo: 163.com
A picture showing Beike Zhaofang’s mobile app for real estate transactions. Photo: 163.com
IPO

Tencent-backed Chinese real estate platform Beike to raise US$2.12 billion after pricing US IPO above indicative range

  • Strong investor demand helps Beike Zhaofang, the online property transaction platform backed by Tencent, to price IPO above target range, a person familiar says
  • Beike Zhaofang’s US$2.12 billion IPO is biggest US IPO by a Chinese company since iQiyi in March 2018

Topic |   IPO
A picture showing Beike Zhaofang’s mobile app for real estate transactions. Photo: 163.com A picture showing Beike Zhaofang’s mobile app for real estate transactions. Photo: 163.com
A picture showing Beike Zhaofang’s mobile app for real estate transactions. Photo: 163.com
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