the bilibili booth is pictured during the 2019 yangtze river delta international cultural industries expo at national exhibition and convention center on november 21 2019 in shanghai china guangzhou china chinese video platform bilibili is getting ready for a secondary listing in hong kong which could raise more than 2 billion higher than it anticipated last year a source close to the matter told cnbc bilibili which is currently listed on the nasdaq is likely to file for the hong kong public offering at the end of this week or early next week the source said the filing will not contain pricing details those are expected within the next two months the person said last year cnbc reported that the service which is popular with chinese millennials could raise between 1 billion and 15 billion but over the last 12 months its nasdaqlisted shares have rallied over 300 a factor behind bilibili upping the amount of money it is looking to raise in hong kong the source said bilibili was not immediately available for comment when contacted by cnbc a number of uslisted chinese companies have flocked to hong kong for secondary listings over the last 14 months including alibaba jdcom and netease continued tensions between the us and china have threatened chinese firms listed on wall street in december president donald trump signed legislation that threatened to delist firms that dont comply with american auditing standards that could be one reason behind the rise of secondary listings in hong kong bilibili went public on the nasdaq in 2018 at 1150 per american depositary share ads raising 483 million its shares closed at 9474 a piece on monday marking a more than 700 rise since its initial public offering