Tencent-backed payments firm Yeahka to seek $300m in Hong Kong IPO

Tencent-backed payments firm Yeahka to seek $300m in Hong Kong IPO

Photo: Yeahka website

Yeahka Ltd., a Chinese payment technology services provider, is planning to raise about $300 million 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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