Why Tencent is swapping Bilibili equity for debt, and what AI has to do with it

🇨🇳 Article en anglais

Tencent Holdings’ pivot from a core shareholder to a major creditor in Bilibili offers a clear window into how China’s Big Tech players are rebalancing portfolio risk while funding expensive artificial intelligence initiatives. The shift, executed through Bilibili’s proposed US$700 million convertible bond package announced on Friday, all

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Source : South China Morning Post. Le Fil Indépendant cite et lie cet article ; il n'en est ni l'auteur ni l'éditeur.