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KUAISHOU-W's Kling Reportedly Nears USD3B Funding Round, Joined by TENCENT
2026-07-02 10:32:12 Kling, a subsidiary of KUAISHOU-W (01024.HK), is close to completing a USD3 billion funding round, with its post-money valuation reaching as high as USD18 billion, lower than the initial USD20 billion target set in April, the South China Morning Post, citing sources, reported. TENCENT (00700.HK) purportedly participated in the investment round. KUAISHOU-W last posted at HKD43.52, up 4.62%, with trading volume of 23.0365 million shares and turnover of HKD1.013 billion. TENCENT last printed at HKD443, up 3.07%, with trading volume of 16.8901 million shares and turnover of HKD7.482 billion. ~ AASTOCKS Financial News Website: www.aastocks.com | |