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Five most highly-anticipated Chinese tech IPOs for 2018

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Carl Dechant
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After a slow start, Chinese tech firm sped up its IPO rush in the latter half of 2017, marked by hefty IPOs like the ones from China Literature, ZhongAn, Qudian, and Sogou.

The past year also witnessed strong performances from some of China’s top listed tech giants.

Tencent joined the half-a-trillion-dollar club last November, while Alibaba is expected to smash the same milestone in no time.

The relentless growth continues, setting the stage for Chinese unicorns who are ready to ring the opening bell in the new year ahead with fiercer competition between Hong Kong and New York expected.

Ant Financial, the operator of China’s most popular mobile payment tool Alipay and other financial services, was founded in December 2014 when it was spun out of Alibaba before the latter’s record IPO in September 2014.

Tencent Music, the music streaming and downloading service, is expected to be the latest addition to Tencent’s recent efforts to get its affiliates listed.

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Carl Dechant
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