Venture-Backed Linekong To Raise $190M In Hong Kong IPO

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Beijing-based online gaming developer Linekong Interactive Co., Ltd., backed by a long list of venture capital and private equity investors, plans to raise as much as HK$1.45 billion (US$190 million) in a Hong Kong IPO, according to a securities filing.

Linekong is to issue 110.9 million shares at a price range of HK$9.8 to HK$13.10 per share. It will determine a final price no later than December 16, and plans to list its shares on December 19 on the Hong Kong Stock Exchange.

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