Tencent Holdings’ wholly owned subsidiary, Tencent Mobility, has sought to sell about 273 million shares of Kuaishou through a block trade, with a price range of HK$43.15 to HK$44.53 per share.
According to Jin10, the transaction could raise up to about $1.6 billion.
Tencent Seeks to Sell Kuaishou Stake, Raising Up to About $1.6 Billion
2026-07-06 11:08:14
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.