What bubble? HK retail investors seek $66.6 billion in loans for Chinese online video IPO


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Home » Companies » What bubble? HK retail investors seek $66.6 billion in loans for Chinese online video IPO What bubble? HK retail investors seek $66.6 billion in loans for Chinese online video IPO January 28, 2021 HONG KONG (REUTERS) – Hong Kong’s mom-and-pop investors have amassed over US$50 billion (S$66.6 billion) in margin financing to buy shares in the initial public offering (IPO) of China’s Kuaishou Technology, defying concerns about a pullback in global markets fuelled by a retail buying frenzy. Online video site Kuaishou, which aims to raise up to US$5.4 billion in the city’s largest float in...