HONG KONG (Reuters) – Shares in Chinese online video platform Kuaishou Technology are set to rise 194% to HK$338 ($43.60) in their Hong Kong stock market debut on Friday after the company raised $5.4 billion in its initial public offering (IPO).
The company’s shares were priced at HK$115 apiece, the top of its marketing range.
(Reporting by Donny Kwok and Alun John; Editing by Jacqueline Wong)
