Tencent moves to sell up to $1.6B of its Kuaishou stake

Tencent is seeking up to $1.6bn by selling down its stake in short-video platform Kuaishou, Bloomberg reports. A term sheet seen by Reuters puts the block trade at up to $1.55bn. The deal covers about 273 million shares, a 7.5% stake, offered at HK$43.15 to HK$44.53 each. That represents a discount of 3.2% to 6.2% to Monday’s […] This story continu...

• Published date: 06-07-2026 06:52 PM