Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO

Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO

4 years ago
Anonymous $K6XgmDN5_o

https://www.reuters.com/article/us-kuaishou-listing/tencent-backed-kuaishou-jumps-three-fold-in-hk-debut-after-5-4-billion-ipo-idUSKBN2A506F

Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.