Why Tencent is swapping Bilibili equity for debt, and what AI has to do with it
This story is from 2026-09-07. It is preserved in the archive; the latest stories are on the live feed.
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 converti…
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- 2026-09-07 11:30 · South China Morning Post Tech
Why Tencent is swapping Bilibili equity for debt, and what AI has to do with it
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