Asian Tech Press (May 6) -- Chinese video sharing website Bilibili (Nasdaq: BILI) expected to be dual primary listed in Hong Kong and the U.S. in October.

Bilibili announced this week that it has applied to the Hong Kong Stock Exchange for the proposed conversion of its secondary listing status to dual-primary listing.

The company said on April 29, 2022, it received the acknowledgement from the Hong Kong Stock Exchange in respect of the application for the proposed conversion.

The effective date is expected to be October 3, 2022, according to the announcement. After the effective date, Bilibili will be dual primary listed on the Hong Kong Stock Exchange and Nasdaq in the United States.

In March 2018, Bilibili was formally listed on Nasdaq at an offering price of $11.50.

In March 2021, the video sharing platform launched a secondary listing in Hong Kong with an offering price of HK$808.