Operator of China’s top movie ticketing app seeks up to $1 billion in Hong Kong IPO, say sources: Reuters

China’s top movie ticketing platform, Maoyan Weying, has filed for a Hong Kong listing in which it aims to raise between $500 million and $1 billion, according to two people familiar with the company’s plans.

The company, which filed its prospectus under the name of Entertainment Plus on Monday, offers ticketing services through its Maoyan and Gewara apps in China – the world’s second-largest movie market after the United States.

Share this