Shanghai-based Bilibili is among a slew of unprofitable Chinese companies in the social media and entertainment sectors. Photo: Shutterstock
Shanghai-based Bilibili is among a slew of unprofitable Chinese companies in the social media and entertainment sectors. Photo: Shutterstock
Bilibili

Chinese video-sharing service Bilibili hammered by record bearish bets even after company’s shares dive almost 90 per cent

  • Short interest in Bilibili jumped to a record last week, with bearish positions accounting for almost half of shares outstanding
  • The live-streaming platform operator has become one of the most shorted US stocks among companies with a market value of US$2 billion or more

Shanghai-based Bilibili is among a slew of unprofitable Chinese companies in the social media and entertainment sectors. Photo: Shutterstock
Shanghai-based Bilibili is among a slew of unprofitable Chinese companies in the social media and entertainment sectors. Photo: Shutterstock
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