Chinese mobile games publisher iDreamSky is set to go launch an initial public offering on the Hong Kong Stock Exchange.
The company could raise as much as $300 million from the flotation.
The company launched its original IPO in 2014 and raised around $115 million. Should its relisting go as planned the $300 million figure would mark a substantial increase.
Reach for the sky
In 2017 the publisher acrrued $277 million in revenue and around a $37.5 million profit. It also had a monthly active userbase of 122.2 million in 2017, with the number of mobile paying users standing at six million.
Currently another Chinese mobile games publishing giant, Tencent, holds a 20.65 per cent stake in the company and is one of its largest shareholders.