Shares in TikTok rival Kuaishou almost triple on market debut

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Chinese video app valued at $180bn on first day of trading in Hong Kong

The company’s stock jumped 194% in early trading on Friday at HK$338 from the initial public offering price of HK$115.and its Chinese sister app, Douyin. The company said it has about 300 million daily active users, who spend an average of 86 minutes or more on the app.

 

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SCREW CHINA THEY STINK

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