China’s second-largest online gaming firm raised $2.7 billion in Hong Kong

China’s second-largest online gaming firm raised $2.7 billion in Hong Kong

NetEase, the Chinese internet giant ranked just behind Tencent is not a well-known brand outside its home country but the company is pushing global expansion as it raised $2.7 billion in Hong Kong listing. It makes nearly 79% of revenue from online games but is trying to grow in other areas such as education and music streaming. NetEase carried out a secondary listing in Hong Kong

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Thu Jun 11 - CNBC

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