Financial News

China’s Kuaishou aims to raise up to US$5.42 billion in Hong Kong IPO

HONG KONG: Chinese online video company Kuaishou Technology is aiming to raise US$4.95 billion to US$5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters. The online video site, backed by Tencent …

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