Shares in Kuaishou nearly triple on HK debut

Shares in Chinese video app company Kuaishou almost tripled on their Hong Kong debut Friday, following a US$5.4 billion initial public offering for the TikTok rival that was the biggest for an internet firm in nearly two years. Its outstanding debut comes despite a crackdown by China on tech firms in recent months and will … Continue reading Shares in Kuaishou nearly triple on HK debut