Tencent-backed Yeahka to seek US$300mil in Hong Kong listing


FILE PHOTO: A logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly Song

HONG KONG: Yeahka Ltd, a Chinese payment technology services provider, is planning to raise about US$300mil in an initial public offering in Hong Kong, according to people with knowledge of the matter.

The company aims to seek a listing hearing as soon as February after it filed an application with the city’s bourse on Nov 12, the people said, who asked not to be identified as the discussions are private.

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