UPDATE 2-China's Tencent Music raises nearly $1.1 bln in U.S. IPO
December 11, 2018 at 18:02 PM EST
China-based music streaming company Tencent Music Entertainment Group has raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range, two sources said on Tuesday.