Bilibili applies for conversion to dual major listing on the Hong Kong Stock Exchange, effective October 3

CTOnews.com September 29 news, today, bilibili announced that the main board of the Stock Exchange of Hong Kong Limited voluntarily converted to a dual major listing.

Bilibili's board of directors announced that the company's voluntary conversion of its secondary listing status on the Stock Exchange to a major listing will take effect on October 3, 2022, when the company will become a dual major listed company on the Stock Exchange and NASDAQ. The stock mark "S" will be deleted from its stock acronym on the effective date.

CTOnews.com has learned that dual major listed companies will have the same listing status in both places, such as delisting in one of the places, does not affect the listing status in the other.

According to previous information, bilibili has been mainly listed on NASDAQ since March 2018 and has been listed on the Stock Exchange as a non-exempt Greater China issuer under Chapter 19C of the listing rules since March 2021.

According to the financial report, the average monthly active users of bilibili reached 305.7 million in the second quarter of 2022, up 29% from the same period last year; the average daily active users reached 83.5 million, up 33% from the same period last year; and the average monthly paying users reached 27.5 million, up 32% from the same period last year.