HONG KONG -- Retail investors in Hong Kong are bidding for shares of Chinese short-video platform Kuaishou Technology at a premium of as much as 266% ahead of its market debut on Friday, underscoring the enormous appetite that saw the company break IPO subscription records.
IPO
Bids for shares of TikTok rival Kuaishou reach triple of IPO price
Hong Kong gray-market trades put Chinese video app on course for record opening
Kuaishou Technology has raised $5.4 billion in its initial public offering, Hong Kong's largest since 2019. © Reuters
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