Kuaishou raised 41.28 billion Hong Kong dollars ($5.32 billion) from the initial public offering (IPO) after pricing its shares at 115 Hong Kong dollars each. ( read original story ...)
TikTok Rival’s Stock Nearly Triples in Hong Kong Debut
Shares in Kuaishou nearly tripled from their IPO price in early trading, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced. ( read original story ...)
Hang Seng Index Continues to Grind After Giant Kuaishou IPO
The Hang Seng index continued to grind today after the giant IPO by Kuaishou, a leading video company partly owned by Tencent ... ( read original story ...)
Tech IPOs in Hong Kong have done ‘very well’ in the after market: Dealogic
Data showed tech IPOs have returned on average 89.3% between their offer price and current price, says Romaine Jackson from Dealogic. ( read original story ...)
TikTok rival Kuaishou soars in Hong Kong IPO
Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus ... ( read original story ...)
Kuaishou shares rise nearly 200% in $5.3 billion Hong Kong debut
Kuaishou raised 41.28 billion Hong Kong dollars ($5.32 billion) from the initial public offering (IPO) after pricing its shares at 115 Hong Kong dollars each. ( read original story ...)
‘No room for debate or compromise’ as Hong Kong introduces sweeping national security rules for schools
Hong Kong has introduced sweeping new restrictions for how schools operate, months after the Beijing government imposed a new national security law giving authorities wide-ranging powers to crack down ... ( read original story ...)
‘Let’s learn about national security’: Hong Kong rewrites school rules
Animation features an owl teaching young children about the need for the controversial law in crackdown on education ... ( read original story ...)
Kuaishou Nearly Triples In Biggest Technology IPO Since Uber
Kuaishou Technology, the operator of China’s most popular short-video service after ByteDance Ltd.’s Douyin, jumped 194% in its Hong Kong debut after a $5.4 billion initial public offering that ... ( read original story ...)
Kuaishou stock pops 160% in Hong Kong IPO
Kuaishou's stock more than doubled in value Friday as the TikTok-like video app scored the world's biggest IPO since the coronavirus pandemic began. ( read original story ...)
Hong Kong unveils national security guidelines for children aged six and above
Hong Kong has unveiled controversial guidelines for schools in the Chinese-ruled city that include teaching students as young as six about colluding with foreign forces and subversion as part of a new ... ( read original story ...)
Hong Kong introduces sweeping national security rules for schools
Hong Kong has introduced sweeping new restrictions for how schools operate, months after the Beijing government imposed a new national security law giving authorities wide-ranging powers to crack down ... ( read original story ...)
Breakingviews – Hong Kong retail mania one-ups U.S. short squeeze
Who needs orchestrated campaigns like the short squeeze on U.S. video-game retailer GameStop when there is the old-fashioned lure of a shoot-for-the-moon stock? Kuaishou Technology shares almost ... ( read original story ...)
How a Hong Kong Facebook group is helping people navigate one of the world’s longest Covid-19 quarantines
Since its inception in March 2020, the support group has become an invaluable resource for Hong Kongers who travel overseas during the pandemic and must navigate the city's stringent Covid-19-related ... ( read original story ...)