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Kuaishou bounce
General - 10 February 2021
In "Kuaishou bounce" Ingham Analytics assess Kuaishou Technology, the startup with a TikTok-style video app, that listed in Hong Kong last Friday. Pre-listing, Tencent entities owned 21.567% of the issued shares. What to expect from Tencent for the next set of results? Has the Prosus discount narrowed or widened? Is there value to be had in Tencent or has it run too far?