Kuke Music Holding Limited Announces Pricing of Initial Public Offering
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BEIJING, Jan. 12, 2021 /PRNewswire/ Kuke Music Holding Limited ( Kuke or the Company ), a leading provider of classical music licensing, subscription and education services in China, today announced the pricing of its initial public offering of 5,000,000 American Depositary Shares ( ADSs ), each representing one Class A ordinary share of the Company, at a price of US$10.00 per ADS, which translates to a total offering size of US$50.0 million, assuming the underwriters do not exercise their option to purchase additional ADSs. The ADSs are expected to begin trading on the New York Stock Exchange on January 12, 2021, under the symbol KUKE. The closing of the offering is expected to occur on January 14, 2021, subject to the satisfaction of customary closing conditions.
Ming Liu and Shao Lu (14 October concert)
Last October the 23rd Beijing Music Festival contrived both to negotiate round the pandemic and celebrate Beethoven’s 250th anniversary with 240 hours of non-stop online and live music making. It included three concerts in which ten up-and-coming violinists each performed one of Beethoven’s violin sonatas. I saw and heard them on YouTube, recorded live in front of an occasionally noisy audience. The setting was somewhat sepulchral: a black stage with a black background (save for a golden logo) with a black piano and artists clothed mostly in black. A couple of the ladies’ dresses provided the only colour.