IPO

Kuaishou shares rise 160% on trading debut in Hong Kong

Chinese short-video app's market cap tops ICBC and PetroChina

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent
February 5, 2021 11:09 JST
Updated on February 5, 2021 17:40 JST

HONG KONG -- Kuaishou Technology soared as much as 200% on its stock market debut on Friday as it recorded the biggest opening-day gain ever for a large Hong Kong IPO.

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