China’s Kuaishou seeks to raise up to US$5.42 billion in Hong Kong IPO

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REUTERS: Chinese online video company Kuaishou Technology on Tuesday said it was looking to raise as much as HKUS$42 billion (US$5.42 billion) in an initial public offering (IPO). The Tencent-backed online video site, which operates apps that allow user-uploaded videos as well as live …