A person rides an escalator past a Bilibili Inc. advertisement at a subway station in Shanghai on March 23, 2021. Photo: Bloomberg A person rides an escalator past a Bilibili Inc. advertisement at a subway station in Shanghai on March 23, 2021. Photo: Bloomberg
A person rides an escalator past a Bilibili Inc. advertisement at a subway station in Shanghai on March 23, 2021. Photo: Bloomberg
Stocks

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

Topic |   Stocks
A person rides an escalator past a Bilibili Inc. advertisement at a subway station in Shanghai on March 23, 2021. Photo: Bloomberg A person rides an escalator past a Bilibili Inc. advertisement at a subway station in Shanghai on March 23, 2021. Photo: Bloomberg
A person rides an escalator past a Bilibili Inc. advertisement at a subway station in Shanghai on March 23, 2021. Photo: Bloomberg
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