Technology

Mainland Chinese traders come to rescue of short video firm Kuaishou, Hong Kong’s worst-performing mega IPO




Kuaishou Technology, Hong Kong’s worst-performing jumbo listing this year, surged to its highest level in almost a month on Thursday after the stock became available for trading by mainland Chinese investors.Shares of China’s second-largest short video platform surged by as much as 11 per cent to HK$93.50 on Thursday before paring gains to 6.3 per cent. The stock was added to the southbound channel – buying of Chinese stocks by international investors – of the Stock Connect with Hong Kong on…



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