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Tencent-Backed Anjuke Files for Hong Kong IPO

58.com’s Yao Jinbo (left) seems overwhelmed by the IPO excitement on stage with Tencent’s Pony Ma (right)
Shanghai-based online property brokerage Anjuke Group has taken its first step towards a listing in Hong Kong by filing an IPO application with the stock exchange on Thursday.
The Tencent-backed company didn’t disclose the size or timetable for the initial public offering, which is being jointly sponsored by BofA Securities, CICC and Credit Suisse, however, the 14-year-old company was acquired by mainland online listings platform 58.com for $267 million six years ago, with analysts estimating last month that the stock listing could raise $1 billion.

China , Shanghai , Hong-kong , Aifang , Jiangxi , Chinese , Yao-jinbo , Warburg-pincus , Agile-group , York-stock-exchange , Anjuke-group , Credit-suisse