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Kuaishou co-founders Su Hua and Cheng Yixiao are set to become two of China’s richest millennials following a US$5 billion initial public offering of their video-sharing app in Hong Kong, joining the ranks of young entrepreneurs who have gained massive wealth from China’s decades-long technology boom.The total valuation of Kuaishou, China’s second-biggest short video platform next to TikTok sister app Douyin, could reach US$61.7 billion after the IPO, which started to receive public…
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