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Benzinga
Benzinga
World
The Bamboo Works

Leaning on a Single Artist, Fenghua Qiushi Hopes Fourth IPO Attempt is a Hit

Tencent Music Tina Yip China Hong Kong

Key takeaways:

  • Fenghuang Qiushi has submitted a new application to list in Hong Kong, its fourth such submission in just 16 months
  • The company is highly dependent on Tencent Music, deriving 38.1% of its revenue from the company last year
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