Communication Mar 24, 2021 05:36 PM (GMT+8) · EqualOcean
Video platform Bilibili will have its secondary listing on March 29 with the stock symbol 09626.HK. In the process, BiliBili has now been oversubscribed more than 170 times, making it one of the companies with the highest subscription multiples at its secondary listing. BiliBili's current stock market valuation at the Nasdaq is USD 37.34 billion, although the company still has negative earnings and is betting heavily on growth. The secondary listing will provide the liquidity required for the expansion. This briefing is contributed by and first appeared on CIMK.

Source: CIMK

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