(Yicai Global) March 26 -- Chinese video-streaming platform Bilibili mistakenly referred to itself as Baidu in a filing submitted with Hong Kong Exchange and Clearing this morning. 

“This information sheet is provided for the purpose of giving information to the public about Baidu Inc.,” Shanghai-based Bilibili said in the document.

Bilibili raised HKD19.87 billion (USD2.6 billion) from a secondary listing in Hong Kong this week. The offering was oversubscribed 173.2 times by as many as 270,000 retail investors, while its international offering was 10.9 times oversubscribed.

The proceeds will be used to support user growth, content ecosystem and community development, and to seek strategic partnerships. Bilibili also aims to promote brand awareness, it said. 

The platform has yet to turn a profit. Its net loss more than doubled last year to CNY3.1 billion (USD475.3 million), although revenue climbed 77 percent to CNY12 billion (USD1.8 billion).

Its New York-listed shares [NASDAQ:BILI] closed unchanged at USD95.65 yesterday, or about HKD743.10 each, eight percent below its offering price in Hong Kong. 

Morgan Stanley Asia, Goldman Sachs Asia, J.P. Morgan Securities Far East and UBS Securities Hong Kong were the sponsors, global coordinators, bookrunners, and lead managers of Bilibili's secondary listing. 

Editors: Liao Shumin, Tom Litting