Tencent is making a secondary $317.6M investment for a 12.3% stake in Bilibili, a China-based video streaming company that went public on Nasdaq in March (Ka Kay Lum/DealStreetAsia)

Ka Kay Lum / DealStreetAsia:
Tencent is making a secondary $317.6M investment for a 12.3% stake in Bilibili, a China-based video streaming company that went public on Nasdaq in March  —  Tencent Holdings Ltd will invest $317.6 million in Chinese streaming site Bilibili in return for a 12.3 per cent stake, the two companies announced this week.

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