Tencent, Fidelity and Temasek said to back IPO of Busy Ming — Bloomberg - News Summed Up

Tencent, Fidelity and Temasek said to back IPO of Busy Ming — Bloomberg


(Jan 19): Tencent Holdings Ltd, Fidelity International Ltd and Temasek Holdings Pte are planning to invest in the Hong Kong initial public offering (IPO) of Chinese snack retailer Busy Ming Group Co, according to people familiar with the matter. Busy Ming is planning to start taking investor orders as soon as Tuesday, they said. Representatives for Busy Ming, Tencent and Fidelity didn’t respond to requests seeking comment. Busy Ming’s IPO comes as Hong Kong heads towards a record January for first-time share sales, with companies seeking to list before the Lunar New Year holiday in February. Busy Ming traces its roots back to 2016.


Source: The Edge Markets January 19, 2026 14:36 UTC



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