Chinese video sharing site Bilibili is on track to raise $2.6 billion in the latest so-called homecoming listing in Hong Kong, reported the Financial Times.
Bilibili, a YouTube-like online entertainment hub that targets Chinese teenagers, on Tuesday priced its shares at HK$808 ($104) each, according to a term sheet seen by the Financial Times.
That puts the company on track to bring in about HK$20.2 billion from the sale of 25 million shares.
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