trending Market Intelligence /marketintelligence/en/news-insights/trending/FpEYq56BK288IA78NHgdnQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: Tencent-backed Chinese property online broker mulls US$1B IPO

Industries Most and Least Impacted by COVID 19 from a Probability of Default Perspective March 2020 Update

Entertainment Promos Take Center Stage Amid Coronavirus Lockdowns

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Report: Tencent-backed Chinese property online broker mulls US$1B IPO

Chinese online property brokerage platform Beike Zhaofang is mulling an IPO, seeking at least US$1 billion, Bloomberg News reported, citing people familiar with the matter.

While the venue for the listing is still to be determined, the unnamed sources noted that the Tencent Holdings Ltd.-backed company's initial offering could take place as early as 2020.

Beijing Homelink Real Estate Brokerage Co. Ltd., which is also known as Lianjia, launched Beike Zhaofang in 2018, the Dec. 18 report added.

According to reports in March, stakes in Beijing Homelink of investors including Tencent, China Vanke Co. Ltd. and Sunac China Holdings Ltd. were transferred to Beike Zhaofang in the form of an US$800 million investment as part of the preparation for the real estate agency's listing.