Tencent-backed online video firm Kuaishou aims to raise up to $5.4b in Hong Kong IPO

Tencent-backed online video firm Kuaishou aims to raise up to $5.4b in Hong Kong IPO

REUTERS/Bobby Yip

Chinese online video company Kuaishou Technology is aiming to raise $4.95-5.42 billion in an initial public offering (IPO) that will be the largest in Hong Kong for more than a year, according to a term sheet reviewed by Reuters.