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Kuaishou to raise $5.4b from HK public offering


Kuaishou to raise $5.4b from HK public offering
By FAN FEIFEI |
China Daily |
Updated: 2021-01-27 09:04
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A passenger checks out a Kuaishou poster at a subway station in Beijing on Jan 10. [Provided to China Daily]
Kuaishou Technology said on Tuesday that it plans to raise as much as HK$42 billion ($5.42 billion) via its initial public offering on the Hong Kong bourse, as the short video company is speeding up monetization efforts amid rising competition from its peer Douyin, an app developed by Beijing Byte-Dance Technology.
Kuaishou has priced its IPO on the Hong Kong stock exchange, and will issue 365.2 million shares each priced between HK$105 and HK$115, according to a prospectus released by the company. ....

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New after-school enrichment classes coming to Key Biscayne


On January 25, Key Biscayne children from PreK to 5th grade will have the opportunity to engage in many different after school activities and classes thanks to the The Key Biscayne Children & Education Foundation (KBCEF).
The non-profit foundation is the brainchild of Oscar Sardiñas and two other KB parents, Ivette Fernandez-Chaustre and Pierre De Agostini. It is a parent volunteer organization whose main goal is to fund educational initiatives for an after-school enrichment program for students to learn, explore and develop new interests and skills outside of the classroom.
“I saw classrooms with so many students and only one teacher,” said Sardiñas. “A teacher s aide was not always available due to lack of funding, and I wanted to do something about that.” ....

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