Bilibili debuts in Hong Kong at a discount, second IPO to fizzle in a week, as CEO blames ‘black swan’ slump in US-listed Chinese stocks

• Stock ended debut on strong footing after dipping as much as 6.8 per cent below its IPO price of HK$808 each
• CEO Chen blamed ‘black swan’ slump in US-listed Chinese stocks, recalls Bilibili’s flop on Nasdaq and says no one will remember this in 10 years’ time