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Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal
The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent.
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economictimes.indiatimes.com
Tencent unit seeks up to $1.55 billion from short-video company Kuaishou share sale - The Economic Times
The Tencent unit is offering about 273 million Kuaishou Class B shares at HK$43.15 ($5.50) to HK $44.53 each. The range values the sale at about $1.50 billion to $1.55…
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thenextweb.com
Tencent moves to sell up to $1.6B of its Kuaishou stake
The block trade nearly halves Tencent's Kuaishou holding, weeks after it backed the platform's $18bn Kling AI spinoff.
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scmp.com
Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal
The divestment will reduce Tencent’s shareholding in Kuaishou to 9.37 per cent from 15.68 per cent.