Bilibili Inc. Announces Inclusion of Its Class Z Ordinary Shares in the Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect Programs
March 10 2023 - 7:55AM
Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX:
9626), an iconic brand and a leading video community for young
generations in China, today announced that the Company’s Class Z
ordinary shares traded on The Stock Exchange of Hong Kong Limited
(the “Hong Kong Stock Exchange”) have been included in the
Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock
Connect programs, both effective March 13, 2023. Following its
inclusion, eligible investors in the Chinese Mainland will have
direct access to the trading of Bilibili’s Class Z ordinary shares.
The inclusion of Bilibili’s Class Z ordinary shares in the
programs was pursuant to the Announcement on Adjustment of the
Stock List of the Shenzhen-Hong Kong Stock Connect issued by the
Shenzhen Stock Exchange and the Announcement on Adjustment of the
Stock List of the Shanghai-Hong Kong Stock Connect issued by the
Shanghai Stock Exchange.
About the Shenzhen-Hong Kong Stock Connect
The Shenzhen-Hong Kong Stock Connect is a mutual stock market
access mechanism between the Chinese Mainland and Hong Kong
under which the Shenzhen Stock Exchange and the Hong Kong Stock
Exchange have established technical connectivity to enable
investors in the Chinese Mainland and Hong Kong to trade
eligible shares listed on the other’s market through their local
securities companies or brokers.
About the Shanghai-Hong Kong Stock Connect
Shanghai-Hong Kong Stock Connect established a two-way trading
link between the Shanghai Stock Exchange and the Hong Kong Stock
Exchange. The stock connect allows qualified Chinese Mainland
investors to access eligible Hong Kong shares (Southbound) as well
as Hong Kong and overseas investors to trade eligible A-shares
(Northbound) subject to a certain amount of daily quota.
About Bilibili Inc.
Bilibili is an iconic brand and a leading video community with a
mission to enrich the everyday life of young generations in China.
Bilibili offers a wide array of video-based content with All the
Videos You Like as its value proposition. Bilibili builds its
community around aspiring users, high-quality content, talented
content creators and the strong emotional bond among them. Bilibili
pioneered the “bullet chatting” feature, a live commenting function
that has transformed the viewing experience by displaying thoughts
and feelings of other audience viewing the same video. It has now
become the welcoming home of diverse interests for young
generations in China and the frontier to promote Chinese culture
across the world.
For more information, please visit: http://ir.bilibili.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“will,” “expects,” “anticipates,” “aims,” “future,” “intends,”
“plans,” “believes,” “estimates,” “confident,” “potential,”
“continue,” or other similar expressions. Statements that are not
historical facts, including but not limited to statements about
Bilibili’s beliefs and expectations, are forward-looking
statements. Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to, those included in the
Company’s filings with the U.S. Securities and Exchange Commission
and The Stock Exchange of Hong Kong Limited. All information
provided in this announcement and in the attachments is as of the
date of this announcement, and the Company undertakes no duty to
update such information, except as required under applicable
law.
For investor and media inquiries, please
contact:
In China:Bilibili Inc.Juliet YangTel:
+86-21-2509-9255 Ext. 8523E-mail: ir@bilibili.com
Piacente Financial Communications Helen WuTel:
+86-10-6508-0677E-mail: bilibili@tpg-ir.com
In the United States:Piacente Financial
CommunicationsBrandi PiacenteTel: +1-212-481-2050E-mail:
bilibili@tpg-ir.com
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