IQiyi, Bilibili Extend Chinese Rush to Go Public in U.S.

  • Tech IPO filings follow 21 by Chinese companies last year
  • Tencent music, Xiaomi looking to Hong Kong for their listings

Rui Chen, chairman and chief executive officer of Bilibili Inc., center, stands for a photograph with employees during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York.

Photographer: Michael Nagle/Bloomberg
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Two more large technology companies in China have launched initial public offerings to begin trading in New York.

The filings Friday by Baidu Inc.’s Netflix-style video streaming service iQiyi Inc. and video site Bilibili Inc. come on the heels of 21 new listings last year by Chinese companies on U.S. exchanges.