Editor’s note: A version of this post by Wang Siqi first appeared on Yicai Global.

China Reading Ltd., an internet literature publishing subsidiary of Tencent Holdings Ltd., has submitted a prospectus for an initial public offering (IPO) to Hong Kong Exchanges and Clearing Ltd. (HKEX), proposing to raise $600 million to $800 million in total.

The IPO is expected to mark the first in China’s internet literature market.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Guest Editor

TechNode Guest Editors represent the best our community has to offer: insight and perspective on how technology is affecting business and culture in China