Chinese fintech company Linklogis Inc., backed by Tencent Holdings Ltd., is seeking to raise HK$8.3 billion ($1.07 billion) from an initial public offering in Hong Kong.
The Shenzhen-based company is selling 452.9 million shares at HK$16.28 to HK$18.28 apiece, according to a filing to the Hong Kong stock exchange on Friday. The company plans to price the offering on March 31 and list on the exchange April 9.