Deals
NetEase Picks Banks for Hong Kong Second Listing
- Credit Suisse, CICC among banks advising Chinese gaming firm
- Nasdaq-listed company could launch offering in second half
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NetEase Inc. has picked banks for its planned second listing in Hong Kong, according to people familiar with the matter, joining other Chinese technology companies in tapping the city’s stock market for new funds.
The company is working with advisers including Credit Suisse Group AG and China International Capital Corp. on preparations for the offering and has confidentially filed a listing application with the stock exchange, the people said. The share sale could happen as soon as the second half of this year, one of the people said, asking not to be identified because the information is private.