Chinese TikTok rival Kuaishou share price nearly triples in IPO debut

Shares in the Chinese

Shares in the Chinese short video app Kuaishou almost tripled on their Hong Kong debut on Friday, surging to HK$338 ($43.60) upon opening, from an IPO price of HK$115 ($14.80).

The stock later slipped from those highs but still ended the day over 160 percent higher, closing at HK$300 ($38.60) a share.

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