Kuaishou jumped up 194% in its Hong Kong debut after raising $5.4B in IPO; the new share price values the company at $179B (Bloomberg)

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Bloomberg:
Kuaishou jumped up 194% in its Hong Kong debut after raising $5.4B in IPO; the new share price values the company at $179B  —  - Tencent-backed short-video startup raised $5.4 billion in IPO  — IPO attracted a record amount of orders from retail investors

from Techmeme https://ift.tt/3rnPmEu