SoftBank-Backed Chinese Real-Estate Broker Aims to Raise $3 Billion in U.S. IPO

Beike Zhaofang, a Chinese online property brokerage backed by SoftBank Group Corp., is planning to raise up to $3 billion in an initial public offering in the coming months, according to people familiar with the matter, in what would be the largest listing of a Chinese company in the U.S. in more than two years.