CNN's Selina Wang reports. Tencent-backed Kuaishou Technology's IPO which aims to raise US$5.4 billion looks poised to set a record as the most oversubscribed deal ever in Hong Kong, after receiving orders from retail investors totalling HK$1.28 trillion (US$164.8 billion), according to preliminary data provided by people familiar with the transaction. That catapults its market cap to nearly HK$1.4 trillion ($180 billion). Kuaishou Technology has raised a total of $4.4B in funding over 9 rounds. KUAISHOU-W (01024.HK) tracked margin subscription of $199.75 billion as at around 6 pm, according to local brokers' data. US Stocks Quote data is at least 15-min delayed. Kuaishou’s shares opened in Hong Kong on Friday at HK$338 ($43.6) apiece, a 194% jump from its IPO price of HK$115 ($14.8). Kuaishou Technology is funded by 9 investors. Kuaishou Technology (01024) kicks off IPO for HK$39.5bn [ET Net News Agency, 26 January 2021] Kuaishou Technology (01024), a leading content community and social platform, today said it … (Bloomberg) -- Kuaishou Technology, the operator of China’s most popular short-video service after ByteDance Ltd.’s Douyin, jumped 194% in its Hong Kong debut after a $5.4 billion initial public offering that attracted hundreds of billions of dollars of orders.The shares opened at HK$338, compared with the IPO price of HK$115, valuing the Tencent Holdings Ltd.-backed firm at $179 billion. That catapults its market cap to nearly HK$1.4 trillion ($180 billion). Kuaishou shares started trading on February 5 on the Stock Exchange of Hong Kong (SEHK) after raising 41.28 billion Hong Kong dollars ($5.32 billion) in the IPO. Kuaishou, TikTok's rival in China, could be the biggest IPO since the pandemic began By Laura He and Jill Disis , CNN Business Updated 10:18 PM ET, Mon January 25, 2021 That gives the unprofitable firm at market value of about HK$1.23 trillion (US$160 billion). US Indices Quote data is at least 15-min delayed. China's Kuaishou Technology raised $5.4 billion from its IPO, the top of the range, with offers from retail investors reaching a mammoth $162 billion, nearly half of it backed by margin loans, three people with knowledge of the matter said. Kuaishou's public offering in Hong Kong ended at noon Friday, … Kuaishou Futures and Options will be introduced on 5 February 2021, subject to the listing of the Kuaishou shares at HKEX on that date. Their latest funding was raised on Jan 1, 2021 from a Private Equity round. Kuaishou Technology, the Chinese short-video app operator, jumped by as much as 200 per cent to HK$345, compared with its IPO price of HK$115, and traded at HK$300 at the close under the 1024 stock ticker. The following products with Kuaishou shares as the underlying asset will be available in HKEX markets: 1. Kuaishou Futures and Options. Kuaishou Technology is registered under the ticker HKG:1024.HK . Selected Details of Kuaishou … Kuaishou's stock skyrocketed in value as the TikTok-like video app scored the world's biggest IPO since the coronavirus pandemic began. Their stock opened with HK$338.00 in its Feb 5, 2021 IPO. KUAISHOU-W (01024.HK) plans to issue around 365 million shares at an offer price of $105-115. How to buy shares in Kuaishou ... the IPO was over-subscribed by 189.2 times.