Source: Tech – South China Morning PostCloud Village, the music-streaming subsidiary of NetEase, has put its Hong Kong initial public offering on hold because of unfavourable market conditions, according to people familiar with the decision. The move comes amid challenging times for the tech sector that has been hit by anti-monopoly concerns.The operator of NetEase Cloud Music originally planned to raise as much as US$1 billion, after winning the Hong Kong stock exchange’s approval, the Post had previously reported. Cloud Village’s…Read More