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Tencent-backed online video firm Kuaishou aims to raise up to $5 4b in Hong Kong IPO

Tencent-backed online video firm Kuaishou aims to raise up to $5.4b in Hong Kong IPO REUTERS/Bobby Yip Premium Chinese online video company Kuaishou Technology is aiming to raise $4.95-5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER stories left placeholder

China s Kuaishou aims to raise up to $5 42b in HK IPO

Kuaishou aims to raise $5 4 billion in HK IPO, biggest since Uber

China s Kuaishou aims to raise up to $5 42 billion in Hong Kong IPO

3 Min Read HONG KONG (Reuters) - Chinese online video company Kuaishou Technology is aiming to raise $4.95 billion to $5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters. FILE PHOTO: Video-streaming app Kuaishou is pictured on a mobile phone in this illustration picture taken January 25, 2018. REUTERS/Florence Lo/Illustration The online video site, backed by Tencent Holdings Ltd, will price 365.2 million shares at between HK$105 and $HK115 apiece, the term sheet shows. Kuaishou did not immediately respond to a request for comment.

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