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Tencent seeks to sell Kuaishou shares, potentially cashing out up to about $1.6 billion.

2026-07-06 19:31:13

Jinse Finance reports that on July 6, Tencent's wholly-owned subsidiary Tencent Mobility plans to sell approximately 273 million shares of Kuaishou through a block trade, with a price range of HK$43.15 to HK$44.53 per share, cashing out up to about US$1.6 billion.

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