Kuaishou’s US$10 billion IPO attracts BlackRock, Abu Dhabi, Canadian Pension Fund among 10 cornerstone investors

//Kuaishou’s US$10 billion IPO attracts BlackRock, Abu Dhabi, Canadian Pension Fund among 10 cornerstone investors

Kuaishou’s US$10 billion IPO attracts BlackRock, Abu Dhabi, Canadian Pension Fund among 10 cornerstone investors

Kuaishou Technology, the Chinese short-video start-up, has attracted BlackRock and the Abu Dhabi Investment Authority as cornerstone investors in its Hong Kong initial public offering, people with knowledge of the matter said. Capital Group and Canada Pension Plan Investment Board (CPPIB) also committed to buy stock in the offering, the people said, asking not to be identified because the information is private. Kuaishou is targeting to raise as much as US$6 billion from the share sale, which…

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By | 2021-01-23T13:54:12+00:00 January 23rd, 2021|Business|Comments Off on Kuaishou’s US$10 billion IPO attracts BlackRock, Abu Dhabi, Canadian Pension Fund among 10 cornerstone investors