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China's Kuaishou Hong Kong IPO could value firm at about $60bln -sources

China's Kuaishou Hong Kong IPO could value firm at about $60bln -sources

3 years ago
Anonymous $y15ULlV7sG

https://www.reuters.com/article/us-kuaishou-ipo/chinas-kuaishou-hong-kong-ipo-could-value-firm-at-about-60bln-sources-idUSKBN29N09M

Chinese online short video company Kuaishou will open the books for its Hong Kong initial public offering (IPO) next Monday to raise at least $5 billion in a deal that could value the company at about $60 billion, according to two sources with direct knowledge of the matter.