Kuaishou Seeking to Raise $5.42 Billion in Hong Kong IPO


Source: argusjournal.com argusjournal.com

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Leave a comment on Kuaishou Seeking to Raise $5.42 Billion in Hong Kong IPO Chinese short video sharing app Kuaishou is looking forward to raise $5.42 billion from its upcoming initial public offering in the Hong Kong stock exchange. This was revealed after the company disclosed its term sheet. This is set to be the largest IPO in Hong Kong stock exchange for the past one year. According to the term sheet, Kuaishou is planning to price its shares between HK$105 and $HK115 in the IPO offering a total of 365.2 million shares. As per the term sheet also, the...