SAN FRANCISCO | China’s music streaming leader Tencent to go public in US

SAN FRANCISCO  — The owner of China’s largest music streaming services is looking to strike it rich in the U.S. stock market.

Tencent Music Entertainment plans to sell its stock in the U.S. as part of an initial public offering. The IPO documents filed Tuesday propose raising $1 billion, but that preliminary figure often ends up being substantially higher.

Investor demand is likely to be high,…

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