Tahe Music Group submits a listing application to the main board of the Hong Kong Stock Exchange
Summary
Tahe Music Group has filed for a main-board listing on the Hong Kong Stock Exchange. The company operates across music copyrights, artist management, live performances, ticketing, and related services, and it also has an AI music business in place. The filing says Baidu is the controlling shareholder through two entities and would keep voting control after the listing. The company plans to use the proceeds to expand music IP assets, support Chinese music overseas expansion, strengthen AI music technology, recruit talent, and add working capital.
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