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

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.comA 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
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.