Tencent-backed Hollywood firm STX Entertainment eyes Hong Kong IPO

Tencent-backed Hollywood firm STX Entertainment eyes Hong Kong IPO

Photo from STX Entertainment's Facebook page.

STX Entertainment, a US entertainment company backed by Chinese internet giant Tencent and Hony Capital, is eyeing an initial public offering (IPO) in Hong Kong, making it the first Hollywood firm to list in the city if the plan pushes through.

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