London (CNN Business) 1. Tencent Music IPO: The listing of Tencent's music business failed to raise as much money as the internet giant had hoped.

Tencent Music, which dominates music streaming in China, said Wednesday that its listing priced at the bottom of its targeted range. By selling shares at $13 each, the company is raising nearly $1.1 billion, roughly half the amount it was reportedly seeking to raise earlier this year.

The shares start trading Wednesday on the New York Stock Exchange with the ticker TME.

Tencent Music is going public at a volatile time for tech stocks, which have been rattled by the unpredictable trade war between the United States and China.