Today news
Kate Middleton
Catherine, Duchess of Cambridge, GCVO (born Catherine Elizabeth Middleton; 9 January 1982) is a member of the British royal family. Her husband, Prince William, Duke of Cambridge, is expected to become king of the United Kingdom and 15 other Commonwealth realms, making Catherine a likely future queen consort.
Related News
China Hong Kong city Hong Kong 2020 China Hong Kong city Hong Kong

TikTok Rival Kuaishou's Stock Soars in Hong Kong Market Debut

Reading now: 216
hollywoodreporter.com

Shares of KuaishouTechnology, China’s second-most popular short-form video app behind TikTok owner ByteDance, rocketed nearly 300 percent Friday in their debut on the Hong Kong stock exchange.

Shortly after the opening bell, the stock was selling at more than HK$330, nearly triple the initial public offering list price of HK$115 and valuing the company at $179 billion.

The firm, which is backed by Chinese technology giant Tencent, raised $5.4 billion in the market debut, making its IPO the biggest since Uber’s $8.1 billion share sale in 2019.

Launched in 2012 as an app for making and sharing GIFs, Kuaishou grew into a short-form video behemoth and later added a vibrant live-streaming service.

Read more on hollywoodreporter.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA