IPO Timeline
Broker Results (T-2)
2021-02-03
Some brokers release in afternoon
Grey Market (T-1)
2021-02-04
Afternoon
HKEX Allotment (T-1)
2021-02-04
Evening
Registrar Allotment (T-1)
2021-02-04
Evening
Listing Day (T)
2021-02-05
First day of trading
Company Overview
| Stock Name | 快手科技 - W |
|---|---|
| Stock Code | 01024 |
| Company Full Name | 快手科技 - W |
| Industry | 軟件服務 |
| Principal Activities | 主要於中國營運網絡短視頻及直播平臺，以及提供線上營銷服務及其他服務。 |
| Listing Date | 2021-02-05 |
| Listing Rules Era | Old Rules |
| Listing Rules Chapter | To be extracted |
| Weighted Voting Rights (WVR) | No |
| Registered Address (Mainland China) | 中國北京市海淀區上地西路6號1號樓 |
| Business Address (Hong Kong) | To be extracted |
| Place of Incorporation | To be extracted |
| Listing Method | To be extracted |
| Listing Board | Main Board |
| Website | http://www.kuaishou.com |
| Share Registrar | 卓佳证券登记有限公司 (Tricor Investor Services Limited) |
| Registrar Contact | (852)2862 8628 |
| A-Share/US Dual Listing | No data |
Offering Information
| Offering Mechanism | To be extracted |
|---|---|
| Offer Price | HK$ 115.00 / shares |
| Offer Price Range | To be extracted |
| Lot Size | To be extracted |
| Entry Threshold | To be extracted |
| Par Value | To be extracted |
| Offer Period | To be extracted |
| Global Offering Shares | To be extracted |
| HK Public Offer Shares (Initial) | To be extracted |
| Public Offer Lots (Initial) | To be extracted |
| International Placing Shares (Initial) | To be extracted |
| Offer Ratio | To be extracted |
| Total Shares Post-IPO | To be extracted |
| Greenshoe (Over-allotment Option) | To be confirmed |
| Stabilizing Manager (Greenshoe) | — |
| Cornerstone Share | 45.2% |
| Clawback Tiers | To be extracted |
| Reallocation Option | To be confirmed |
| Total Global Offering Size | HK$ 2,520,018,000 |
Valuation & Financials
| Market Cap (at Offer Price) | To be extracted |
|---|---|
| Pre-IPO Valuation (Last Round) | To be extracted |
| P/E Ratio | To be extracted |
| Profit/Loss Status | To be extracted |
| Period-End Cash Balance | To be extracted |
| Listing Expenses | To be extracted |
| Listing Expenses / Funds Raised | To be extracted |
| Total Pre-IPO Investment | To be extracted |
First Day Performance
| First Day Close | HK$ 300.0 |
|---|---|
| First Day Open | HK$ 338.0 |
| First Day Change | 160.87% |
| First Day Volume | 119900000.0 |
| First Day Turnover | 37547100000.0 |
Use of Proceeds
| Use of Proceeds | 1、約35%（即14,446.6百萬港元）將用于增強生態系統； 2、約30%（即12,382.8百萬港元）將用于加強研發及技術能力； 3、約25%（即10,319.0百萬港元）將用于選擇性收購或投資與我們業務互補及符合我們理念和增長策略的產品、服務及業務； 4、約10%（即4,127.6百萬港元）將用作營運資金及一般企業用途。 |
|---|
Underwriting Syndicate
Joint Sponsors (3)
摩根士丹利亚洲有限公司 CE AAD291
Merrill Lynch (Asia Pacific) Limited CE AAC198
华兴证券（香港）有限公司 CE AZX839
Overall Coordinators (3)
摩根士丹利亚洲有限公司 CE AAD291
Merrill Lynch (Asia Pacific) Limited CE AAC198
华兴证券（香港）有限公司 CE AZX839
Joint Bookrunners (9)
摩根士丹利亚洲有限公司 CE AAD291
Merrill Lynch (Asia Pacific) Limited CE AAC198
华兴证券（香港）有限公司 CE AZX839
香港上海汇丰银行有限公司
工银国际证券有限公司 CE ARO299
海通国际证券有限公司 CE AAF806
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
富途证券国际（香港）有限公司 CE AZT137
Joint Lead Managers (9)
摩根士丹利亚洲有限公司 CE AAD291
Merrill Lynch (Asia Pacific) Limited CE AAC198
华兴证券（香港）有限公司 CE AZX839
香港上海汇丰银行有限公司
工银国际证券有限公司 CE ARO299
海通国际证券有限公司 CE AAF806
招银国际融资有限公司 CE AVM940
中银国际亚洲有限公司 CE AET863
富途证券国际（香港）有限公司 CE AZT137
Cornerstone Investors
| # | Investor Name | Investment Amount | Shares Subscribed | % of Offer Shares | % of Total Shares | Lock-up Period | Est. Unlock Date |
|---|---|---|---|---|---|---|---|
| 1 | Abu Dhabi Investment Authority | 775,353,000 HKD | — | 1.85% | — | 6 months | 2021-08-05 |
| 2 | Aranda Investments Pte. Ltd. | 2,558,681,000 HKD | — | 6.09% | — | 6 months | 2021-08-05 |
| 3 | BlackRock Funds | 1,744,561,500 HKD | — | 4.15% | — | 6 months | 2021-08-05 |
| 4 | Fidelity International | 2,093,471,500 HKD | — | 4.98% | — | 6 months | 2021-08-05 |
| 5 | GIC Private Limited | 2,558,681,000 HKD | — | 6.09% | — | 6 months | 2021-08-05 |
| 6 | Invesco Advisers, Inc. | 2,093,471,500 HKD | — | 4.98% | — | 6 months | 2021-08-05 |
| 7 | Sunny Festive Limited | 1,163,041,000 HKD | — | 2.77% | — | 6 months | 2021-08-05 |
| 8 | The Capital Group Funds | 3,876,799,500 HKD | — | 9.23% | — | 6 months | 2021-08-05 |
| 9 | 加拿大退休金计划投资委员会 | 1,163,041,000 HKD | — | 2.77% | — | 6 months | 2021-08-05 |
| 10 | 摩根士丹利亚洲有限公司 | 969,197,000 HKD | — | 2.31% | — | 6 months | 2021-08-05 |
Directors & Management
| Chairman | 程一笑 |
|---|---|
| Company Secretary | 趙華夏,葉凱琳 |
No director data available.
Major Shareholders
| Major Shareholders & Holdings | 騰訊控股有限公司(17.06%);宿華(11.28%);程一笑(8.94%);DCM Investment Management VII, L.P.(6.48%) |
|---|
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