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rdf:type	schema:NewsArticle
schema:articleBody	Chinese video-sharing platform Bilibili is looking to raise up to $3.2 billion in a second listing in Hong Kong, the company said Wednesday, becoming the latest Chinese firm to seek a foothold in the city. Bilibili, which is Nasdaq-listed, is selling 25 million shares as part of the offering, at a maximum price of HK$988 ($127.2) per share for the part of the deal reserved for Hong Kong retail investors. The offering initially comprises 750,000 shares for retail investors, with the rest for institutional investors. Bilibili listed on New York's Nasdaq in 2018, and has nearly 200 million monthly users, most of whom are young people drawn to its broad range of entertainment such as mobile games and live shows. A wave of Chinese companies have turned to Hong Kong for listings, with tensions high between Washington and Beijing. Less than a week ago, search engine company Baidu said it was seeking as much as $3.6 billion in a secondary listing in Hong Kong. Tech giant JD.com raised almost $4 billion in a Hong Kong offering last year. Both companies are also Nasdaq-listed. On Wednesday, Bilibili said it planned to price its offering on March 23. Proceeds will go towards supporting user growth, content, and research and development to improve user experience, it said. bys/leg
schema:headline	Chinese video platform Bilibili eyes up to $3.2bn in Hong Kong listing
schema:mentions	NASDAQ Web search engine Beijing Chinese language University of Washington Hong Kong City New York City Bilibili JD.com Baidu
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	51 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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