Chinese online travel agency Tongcheng-eLong Holdings Limited is seeking to raise US$1 billion from the initial public offering (IPO) in Hong Kong, said a Chinese media citing people familiar with the matter. The company is expected to float its shares in December. It will pass a hearing by the listing authorities on Thursday, said Chinese financial […]

Tencent-Backed Travel Agency Tongcheng-eLong To Raise $1B In HK IPO appeared first on China Money Network.