Subscribe to the Crunchbase Daily. No date has been set for when the stock will be publicly available. Shares in the Chinese short video app Kuaishou almost tripled on their Hong Kong debut on Friday, surging to HK$338 ($43.60) upon opening, from an IPO price of HK$115 ($14.80). 1024 forecast for the upcoming days Date Price Min Price Max Price; 2021-03-09: Price… Kuaishou Shares Triple in Hong Kong Debut. The stock later pared those initial gains, but … Kuaishou on Monday began taking investor orders for the stock sale ahead of a listing on Feb. 5, a term sheet showed. Kuaishou’s IPO proved a major hit with both institutional and retail investors, ... Price of one contract, which bets the stock will rise past HK$800 by expiry, surged as much as 61,100%. Get Our PREMIUM Forecast Now, from ONLY $7.49! By the close of trading, Aurora Mobile's stock price was up 25% after rising as much as 176% earlier in the day. Kuaishou annual revenue was $7.20 b in FY 2019. The surge echoed a … Company profile page for Beijing Kuaishou Technology Co Ltd including stock price, company news, press releases, executives, board members, and contact information March 4th, 2021. Kuaishou is expected to go public. By accessing this page, you agree to the following They opened at HK$338 against the IPO price of $115 and valuing the company at $179 billion. The company priced its shares at about $14.80 and its stock opened at $43.60, about 194 percent higher. Here are the ins and outs of Kuaishou and the case for its stock. Early trading on Friday morning saw their price nearly triple, in… Shares of Tencent Holdings-backed Kuaishou opened at HK$338 and rose as high as HK$345 from its issue price of HK$115 following record demand in its share sale. Chinese photo-sharing app Kuaishou planning U.S. IPO later this year. From TechCrunch. That was 2.6 times its IPO price of HK$115. 2 short-form video platform backed by Internet heavyweight Tencent, gained as much as 194% from its IPO price at the Hong Kong Stock Exchange in its debut. We'll update this page with information as it becomes available. Kuaishou makes a splash as Hong Kong’s biggest IPO since 2019 Shares of Chinese video-sharing app Kuaishou nearly tripled in price in their Hong Kong stock market debut Friday. According to the report, the Kuaishou company recorded a 200% price surge before closing the day with a surge of 160% on its debut. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. The stock traded at above HK$ 310 in the grey market, up more than 170% from the IPO price of HK$ 115. Tags Kuaishou Social TC. Shortly after the company listed, shares were selling at more than HK$300 ($38.07; £28.31), nearly triple the list price of HK$115. As The Information reported earlier today, Kuaishou stock nearly tripled on its first day of trading in Hong Kong on Friday. Saved. Kuaishou, often viewed as the chief competitor to TikTok in China, raised more than $5.3 billion through its IPO. There's no news yet about how much the stock will cost when it goes public. Kuaishou Technology's IPO process has kicked off. Tickers APPS TC. ... Stock Markets Feb 04, 2021 11:28PM ET. Kuaishou’s shares opened in Hong Kong on Friday at HK$338 ($43.6) apiece, a 194% jump from its IPO price of HK$115 ($14.8). Shares in Kuaishou technology, the operator of China's second most popular short-video service have almost tripled on their market debut in Hong Kong, rising 194 percent.The $5.4 billion flotation ranks as the world's biggest internet IPO since that of Uber Technology's $8.1 billion U.S. share sale in May 2019. Find the latest KUAISHOU-W (1024.HK) stock quote, history, news and other vital information to help you with your stock trading and investing. Shares of the Chinese short-form video app Kuaishou surged more than 190% on the company's launch on Hong Kong's stock exchange on Friday. Mumbai: Last month, Kuaishou listed on Hong Kong’s stock exchange at a valuation of $160 billion—nearly as much as larger rival TikTok’s worth. Kuaishou and its rival TikTok represent China’s fast growing new economy, with the … That catapults its market cap to nearly HK$1.4 trillion ($180 billion). Shares of Kuaishou Technology, 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. Kuaishou Trades at Twice IPO Price in Gray Market Julia Fioretti and Bei Hu 2/2/2021 Public health experts warn against complacency; Michigan makes homeless people vaccine-eligible; 525K US deaths. The stock later slipped from those highs but still ended the day over 160 percent higher, closing at … But judging by some recent stock valuations, we’ve already got inflation—in asset prices on the stock market. When is the Kuaishou IPO date and what will be the listing price? By way of comparison, the IPO makes Chinese short-video app almost as valuable as Qualcomm, a storied chipmaker and holder of foundational wireless technology patents, whose market capitalisation is $167 billion. ... Foreign investors bought a very healthy $1.047 billion worth of Mainland stocks today via Northbound Stock Connect. The latest example is Kuaishou, the Chinese company that, like TikTok, runs an app displaying short videos. ... Doubles TSLA Stock Price Target. February 06, 2017. At Kuaishou, any user can chronicle and share their life experiences through short videos and live streams and showcase their talents. China's Kuaishou Technology soared nearly 200% from its issue price as the stock made in its debut in Hong Kong on Friday. Online video platform Kuaishou ’s stock closed 161 percent above its IPO price on its first day of trading on the Hong Kong exchange.. Kuaishou has not yet filed a viewable Form S-1 with the US Securities and Exchange Commission. NOTE: The Closing Price, Day's High, Day's Low, and Day's Volume have been adjusted to account for any stock splits and/or dividends which may have occurred for this security since the date shown above. The Split Adjustment Factor is a cumulative factor which encapsulates all … On Friday, Kuaishou’s stock closed at 300 Hong Kong dollars a share, the equivalent of US$38.70. The short-video platform aims to list on Hong Kong’s stock exchange on February 5, the city’s largest listing since Alibaba’s US$13 billion secondary offering in 2019. Kuaishou Technology stock price forecast* for tomorrow, and next weeks based on the last 30 days. View Kuaishou stock / share price, financials, funding rounds, investors and more at Craft. Shares of Chinese social video company Kuaishou made a stratospheric start in their post-IPO debut on the Hong Kong Stock Exchange. The ByteDance competitor aims to list its stock in Hong Kong. Kuaishou has raised $4.35 b in total funding. Kuaishou will issue 362mm shares at an offering price of HK$115. Kuaishou, Hong Kong’s hottest-ever retail stock offering, is set to hand investors a massive windfall based on pre-trading prices in the grey market, according to data published by local brokerages. Kuaishou, the country’s No. - Try Now Risk-Free - Money-back guarantee! KUASF: Get the latest Kuaishou Technology stock price and detailed information including KUASF news, historical charts and realtime prices.
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