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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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Bilibili Confirms $3.2 Billion Stock Launch in Hong Kong

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variety.com

Patrick Frater Asia Bureau ChiefDespite a period of recent worries for Chinese tech firms, video entertainment firm Bilibili has confirmed details of its secondary share listing in Hong Kong.

It set a maximum price of HK$988 per share, some 12% higher than the $113.31 Tuesday night close for its ADR form shares which are traded on the NASDAQ.At that price the company is expected to raise $3.2 billion (HK$24.7 billion).

But the amount of fresh capital it brings in could go higher as the vast majority of the share sale is reserved for institutional investors, and there is also an over-allotment option.The China government has put so-called platform companies on notice that it is investigating their activities.

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