{"id":17574,"date":"2021-08-09T12:30:21","date_gmt":"2021-08-09T12:30:21","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=17574"},"modified":"2021-08-09T12:30:21","modified_gmt":"2021-08-09T12:30:21","slug":"how-kuaishou-hong-kongs-hottest-ipo-in-2021-became-a-cautionary-tale-of-overexuberance-in-chinese-tech-stocks-2","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=17574","title":{"rendered":"How Kuaishou, Hong Kong\u2019s hottest IPO in 2021, became a cautionary tale of overexuberance in Chinese tech stocks"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostKuaishou Technology, operator of China\u2019s second-largest short video-sharing app, gave investors plenty to cheer about earlier this year when it launched the most sought-after initial public offering in the annals of Hong Kong\u2019s stock market \u2013 drawing subscriptions of 1,204 times what was on offer.Those who managed to get shares at the offer price of HK$115 received a windfall when the stock started trading at HK$338 on February 5, offering subscribers a return of 190 per cent on their\u2026<a href=\"https:\/\/www.scmp.com\/tech\/big-tech\/article\/3144415\/how-kuaishou-hong-kongs-hottest-ipo-2021-became-cautionary-tale?utm_source=rss_feed\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostKuaishou Technology, operator of China\u2019s second-largest short video-sharing app, gave investors plenty to cheer about earlier this year when it launched the most sought-after&hellip; <\/p>\n","protected":false},"author":0,"featured_media":17575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/17574"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17574"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/17574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/17575"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17574"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}