Kuaishou steals the show with bumper Hong Kong listing

By Jonathan Breen
28 Jan 2021

Chinese video-sharing platform Kuaishou Technology is generating huge demand for its IPO, which could be worth as much as HK$42bn ($5.4bn). The deal, set to be the largest primary listing globally since 2019, shows the growing interest around short video companies. Jonathan Breen reports.

Kuaishou’s mission statement is “to be the most customer-obsessed company in the world”. Investors, from institutional to retail, showed similar passion for the company this week as they flocked to its IPO.

The transaction, while technically still open as GlobalCapital Asia went to press, was effectively closed for international investors. Given the amount ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial