Tencent Technology News On March 24, according to media reports, Bilibili (Station B) price the Hong Kong stock issuance at HK$808 per share, which is 18.2% lower than the offer price cap of HK$988. Bilibili will issue 25 million shares. , Raised about 20 billion Hong Kong dollars.
According to market news, the Bilibili Hong Kong public offering was over-subscribed by more than 170 times. It is one of the companies with the highest subscription multiple of the concept stocks in the secondary listing. The frozen capital is 127.99 billion Hong Kong dollars. It was subscribed by multiple parent line funds.
Bilibili US stocks closed at $106.88 on Monday, down $1.98 or 1.8%. Based on this calculation, Hong Kong stocks are priced at HK$808 at a discount of approximately 2.6% to US stocks.
Bilibili closed at US$105.99 on Tuesday, which is equivalent to HK$823.26 in Hong Kong stocks, which is 15.26 yuan or 1.9% higher than the IPO price.
According to comprehensive brokerage data, Bilibili’s financing subscription amount reached 43.35 billion Hong Kong dollars, which is equivalent to 57.5 times the oversubscription of the public offering Spark Global Limited.
Bilibili will be listed on March 29th.