Chinese TikTok Peer Kuaishou Weighs Debut Offshore Bond Sale

Kuaishou Technology is considering a maiden offshore bond sale, according to people familiar with the matter, joining a wave of Chinese technology companies tapping global debt markets.

Beijing-based Kuaishou, a key rival to ByteDance Ltd.’s TikTok and Douyin in short-video streaming, has secured regulators’ permission to issue offshore bonds and is working with investment banks on the potential deal, the people said, asking not to be identified discussing private talks.