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Bilibili Repurchases Shares After Tencent Buys $200M Bonds

9/7/2026

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Summary

Story summary

Tencent Holdings subscribed to $200 million of Bilibili’s $700 million convertible bond, becoming a creditor.
Tencent subsidiary Huang River will purchase the $200 million tranche of the convertible senior notes.
Bilibili will use bond proceeds to repurchase $200 million of its shares from Tencent and launch a $100 million public buy-back.
Bilibili’s shares fell 2.7 percent early Monday, then closed up nearly 2 percent at HK$123.80.

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Story summary

Tencent Holdings subscribed to $200 million of Bilibili’s $700 million convertible bond, becoming a creditor.
Tencent subsidiary Huang River will purchase the $200 million tranche of the convertible senior notes.
Bilibili will use bond proceeds to repurchase $200 million of its shares from Tencent and launch a $100 million public buy-back.
Bilibili’s shares fell 2.7 percent early Monday, then closed up nearly 2 percent at HK$123.80.