https://techcrunch.com/2020/05/11/kingsoft-cloud-ipo-defies-expectation-as-vroom-angles-for-debut/

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

Last Friday something very odd happened: the public debut of Kingsoft Cloud, a company that we’ve covered before. I’m nigh-incredulous about this IPO for the host of issues that we discussed when the company first filed. Since then, IPOs have only gotten only stranger.