Tencent-backed China Ruyi to tap bond market for US$500 million amid growth plans: sources
Streaming media firm China Ruyi Holdings, backed by gaming and internet company Tencent Holdings, is aiming to raise between US$300 million and US$500 million in convertible bonds next week, two sources with knowledge of the plan said. The offering of Hong Kong-listed Ruyi could be launched as early as Monday, said one of the sources. […]