Chinese online video site Bilibili is set to raise HK$20.2 billion ($2.60 billion) by pricing shares in its Hong Kong secondary listing at HK$808 each, said three people with direct knowledge of the matter.

The people could not be named as the information had not yet been made public.

Bilibili did not immediately respond to a request for comment.

Related Articles

Skadden advises on Trial Holding’s $258 mln Japan IPO

by Nimitt Dixit |

U.S law firm Skadden, Arps, Slate, Meagher & Flom has advised Japanese discount-store chain operator Trial Holdings on its $258 million initial public offering on the Tokyo Stock Exchange (TSE), the largest IPO of the year so far.

Cleary, Freshies lead on China shoemaker’s planned $1 bln HK IPO

by Rowena Muñiz |

Cleary Gottlieb Steen & Hamilton and JunHe are advising Chinese footwear and apparel maker Belle Fashion Group on its planned Hong Kong IPO that is set to raise between $500 million and $1 billion. Freshfields Bruckhaus Deringer and Haiwen & Partners are representing the joint sponsors.

INDIA REPORT: Capital Times on D-Street

by Nimitt Dixit |

It’s been a record-setting year for India’s IPO market, and law firms have reaped the benefits, representing issuing companies and lead managers. And the party isn’t expected to end any time soon: Lawyers believe there is a lot more is to come in 2024 despite the upcoming general elections.