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188bet online casino games officially refutes rumors about listing in Hong Kong, saying it is inconsistent with the facts

Author of this article: Tonglinge 2018-02-09

Official statement from 188bet online casino games，It is reported on the Internet that it will go public in Hong Kong to raise 600 million in 2018，Inconsistent with the facts，Rumor。

Noon on February 8, 2018，A certain financial media broke the news that 188bet online casino games will launch this year，Going to Hong Kong IPO，The reporter contacted 188bet online casino games official，The other party said in reply to the reporter’s statement，“The company will choose to enter the capital market in a timely manner following its development plan，But it is currently unclear whether it will be available on the market、There is no clear plan as well as the launch time。What is reported online is inconsistent with the facts。”

Soon, the rumored manuscript was deleted.

The reporter interviewed an executive from 188bet online casino games，The other party said that there are obvious loopholes in the rumors。Reporter’s inquiry found，188bet online casino games announced in 2016 that it would invest 3 billion yuan to build 188bet online casino games Agency (Group)，Operates a business segment focusing on leisure travel and scenic destinations，plus Tongcheng Network founded in 2004，The two main business segments that constitute 188bet online casino games。

“188bet online casino games will promote independent IPOs of these two sectors in due course，Enter the capital market at the appropriate time。”Founder of 188bet online casino games、CEO Wu Zhixiang said in June 2017。

Currently，Official information display from 188bet online casino games，In two major businesses，Only Tongcheng achieved overall profitability last year，188bet online casino games Agency was still at a loss last year。According to the financial requirements for Hong Kong stock listing，The company applying for listing has a profit of at least HK million in the past three fiscal years (a profit of at least HK million in the most recent year，and cumulative profit of at least HK million in the previous two years)。188bet online casino games agency business obviously does not meet the above requirements，Wu Zhixiang has no plan to package the two businesses for listing。

The person in charge of Tongcheng Tourism Public Relations Department told reporters，"The rumored trip (LY.COM) does not only refer to Tongcheng.com，But the entire 188bet online casino games Group。”Therefore，To be listed separately and when a single business is not profitable，188bet online casino games (LY.COM) is still too early to be launched。

*thisText source：Economic Observer Network, Author: Tonglinge, original title: "188bet online casino games officially refutes rumors about listing in Hong Kong, saying it is inconsistent with the facts》

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