Alibaba-backed Bilibili slumps in Hong Kong trading debut

Alibaba-backed Bilibili slumps in Hong Kong trading debut

3 years ago
Anonymous $hYN7Hy7o7J

https://www.reuters.com/article/us-bilibili-trading/alibaba-backed-bilibili-slumps-in-hong-kong-trading-debut-idUSKBN2BL043

HONG KONG (Reuters) -Bilibili Inc, which is backed by Alibaba Group, tumbled as much as 6.8% in its Hong Kong stock debut on Monday as analysts said a U.S. regulatory crackdown on listed foreign firms hit enthusiasm for the Chinese online video site.