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My Thoughts on XD Part 4 (XIRR Update)
By Scg8866t Stockinvesting  •  April 1, 2021
  Please click and read this disclaimer if you wish to continue with the contents below. On April 1st, Bilibili(HK:9626) announced the strategic investment of approximately HK$960 million in Xindong Company in the second week of its secondary listing in Hong Kong. The two parties will establish a cooperative relationship in the game field. (adsbygoogle = window.adsbygoogle || []).push({}); According to the agreement, Bilibili will subscribe for 22,660,000 ordinary shares issued by Xindong Company at a price of HK$42.38 per share, with a total subscription price of approximately HK$960 million. After the transaction is completed, Station B will hold approximately 4.72% of Xindong's equity. At today's close, Xindong's share price rose 22.34% to 57.5 Hong Kong dollars. XD now has ByteDance, Mihayou, Lilith, Bilibili, Alibaba as strategic shareholders, except Tencent and NetEase. This means that the up and coming mobile gaming companies are trying to use...
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By Scg8866t Stockinvesting
Thanks for reading my blog. I am just an ordinary Singaporean with an avid interest in technical analysis, fundamental analysis and philosophy.
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