--FILE--un résident chinois utilise l'app de musique de Tencent QQ Music Entertainment Group (TME) sur son smartphone à Shanghai, Chine, le 5 décembre 2018.
--FILE--A Chinese resident uses the app of QQ Music of Tencent Music Entertainment Group (TME) on his smartphone in Shanghai, China, 5 December 2018. Tencent Music Entertainment Group popped in its debut on the public markets Wednesday (12 December 2018), closing the day up 9.2 percent at $14.19 per share. The music arm of Chinese tech giant Tencent said Tuesday it raised close to $1.1 billion after pricing its shares at $13 a piece, at the bottom of its stated range of $13 to $15. That initial sale gives the company an implied valuation of $21.3 billion. The highly anticipated initial public offering is one of the largest U.S. IPOs by a Chinese company since Alibaba raised over $20 billion in 2014, and comes amid heightened tensions between the Chinese and U.S. governments. Tencent Music initially planned to launch the deal in October, but postponed because of a sell-off in global markets roiled by a U.S.-China trade war and fears of slowing global growth.
