Kuaishou Technology, the short-video platform backed by Tencent, will offer its shares at a maximum price of HK$93 each, as it aims to raise up to HK$38.6 billion (US$5 billion) in Hong Kong’s biggest initial public offering for 14 months.The upcoming sale could value Beijing-based Kuaishou at above US$50 billion, bigger than its competitor Bilibili’s US$44 billion capitalisation and iQiyi at US$16.6 billion. It would be Hong Kong’s second-largest flotation, after Alibaba Group Holding’s US$13…

This post was originally published on South China Morning Post.