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Bilibili Files 2025 Form 20-F, Reinforcing Dual-Market Disclosure

Story Highlights
  • Bilibili, dual-listed in Hong Kong and on Nasdaq, operates from Shanghai with a weighted voting rights structure and a mixed board of executive and independent directors.
  • The company has filed its 2025 Form 20-F with the U.S. SEC, aligning with overseas regulatory requirements and enhancing disclosure for investors across its global listings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bilibili Files 2025 Form 20-F, Reinforcing Dual-Market Disclosure

Meet Samuel – Your Personal Investing Prophet

Bilibili, Inc. Class Z ( (HK:9626) ) just unveiled an update.

Bilibili Inc., the Shanghai-based, Cayman Islands-incorporated operator listed in Hong Kong and on the Nasdaq Global Select Market, has disclosed its latest corporate governance details, including a board chaired by Rui Chen and composed of both executive and independent directors. The company maintains a dual-listing structure with American depositary shares representing its Class Z ordinary shares, which trade under the symbol BILI in the U.S. and 9626 in Hong Kong.

The company announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission, in line with its overseas regulatory obligations. The filing, accessible via Bilibili’s investor relations website, provides U.S. investors and Hong Kong shareholders with updated and harmonized disclosure, underscoring the platform’s commitment to compliance across multiple capital markets and enhancing transparency for global stakeholders.

The most recent analyst rating on (HK:9626) stock is a Buy with a HK$270.00 price target. To see the full list of analyst forecasts on Bilibili, Inc. Class Z stock, see the HK:9626 Stock Forecast page.

More about Bilibili, Inc. Class Z

Bilibili Inc. is a Cayman Islands-incorporated company listed in both Hong Kong and on the Nasdaq Global Select Market, where its American depositary shares trade under the ticker BILI. The company operates its principal executive offices from Shanghai, China, and is controlled through a weighted voting rights structure overseen by a board that includes both executive and independent directors.

Average Trading Volume: 4,315,111

Technical Sentiment Signal: Sell

Current Market Cap: HK$80.89B

Find detailed analytics on 9626 stock on TipRanks’ Stock Analysis page.

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