Kuaishou launches jumbo $5.4bn Hong Kong IPO

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Kuaishou launches jumbo $5.4bn Hong Kong IPO

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a lot of money - a million US dollars in cash | Ieva Geneviciene/Ieva Zigg - stock.adobe.com

Chinese video-sharing platform Kuaishou Technology, a rival to TikTok parent ByteDance, has started testing investor appetite for Hong Kong's largest IPO in over two years as it seeks HK$42bn ($5.42bn).

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