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Satirical weekly magazine 100Most has applied for an initial public offering on the Hong Kong Stock Exchange.

Its publisher Most Kwai Chung Limited, which also owns various book titles including Blackpaper Magazine and is the operator of an online multimedia channel “TVMost” that produces sarcastic videos, submitted a draft document to the Hong Kong Stock Exchange on Wednesday (26 July).

The 63-people company revealed it earned a revenue of HK$95 million for the year…