0700.HK vs. BILI

Last updated Jun 4, 2026

0700.HK (Tencent Holdings Ltd) and BILI (Bilibili Inc.) are both stocks. Both are in the Communication Services sector — 0700.HK in Internet Content & Information, BILI in Electronic Gaming & Multimedia. Over the past 5 years, 0700.HK returned -2.86%/yr vs -29.60%/yr for BILI. At a 0.30 correlation, their price movements are largely independent.

Performance

0700.HK vs. BILI - Performance Comparison

The chart below illustrates the hypothetical performance of a HK$10,000 investment in Tencent Holdings Ltd (0700.HK) and Bilibili Inc. (BILI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

0700.HK is traded in HKD, while BILI is traded in USD. To make them comparable, the BILI values have been converted to HKD using the latest available exchange rates.

Returns By Period

In the year-to-date period, 0700.HK achieves a -21.23% return, which is significantly higher than BILI's -23.64% return.

0700.HK

• 1D: -3.16%
• 1M: -0.25%
• YTD: -21.23%
• 6M: -22.78%
• 1Y: -6.57%
• 3Y*: 12.83%
• 5Y*: -2.86%
• 10Y*: 12.11%

BILI

• 1D: 0.00%
• 1M: -13.97%
• YTD: -23.64%
• 6M: -25.52%
• 1Y: 3.50%
• 3Y*: 6.77%
• 5Y*: -29.60%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

0700.HK vs. BILI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
0700.HK Tencent Holdings Ltd	-21.23%	44.90%	43.26%	-6.79%	-24.02%	-18.79%	50.58%	19.95%	-23.65%
BILI Bilibili Inc.	-23.64%	36.04%	48.04%	-48.63%	-48.86%	-45.58%	358.30%	26.95%	29.52%

Correlation

The correlation between 0700.HK and BILI is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (All Time) Calculated using the full available price history since Mar 29, 2018	0.30

Return for Risk

0700.HK vs. BILI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

0700.HK

0700.HK Risk / Return Rank: 30
0700.HK Sharpe Ratio Rank: 31
0700.HK Sortino Ratio Rank: 27
0700.HK Omega Ratio Rank: 27
0700.HK Calmar Ratio Rank: 34
0700.HK Martin Ratio Rank: 33

BILI

BILI Risk / Return Rank: 38
BILI Sharpe Ratio Rank: 40
BILI Sortino Ratio Rank: 38
BILI Omega Ratio Rank: 37
BILI Calmar Ratio Rank: 39
BILI Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

0700.HK vs. BILI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tencent Holdings Ltd (0700.HK) and Bilibili Inc. (BILI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	0700.HK	BILI	Difference
Sharpe ratio Return per unit of total volatility	-0.23	0.07	-0.30
Sortino ratio Return per unit of downside risk	-0.14	0.47	-0.61
Omega ratio Gain probability vs. loss probability	0.98	1.05	-0.07
Calmar ratio Return relative to maximum drawdown	-0.18	0.07	-0.25
Martin ratio Return relative to average drawdown	-0.42	0.16	-0.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

0700.HK vs. BILI - Sharpe Ratio Comparison

The current 0700.HK Sharpe Ratio is -0.23, which is lower than the BILI Sharpe Ratio of 0.07. The chart below compares the historical Sharpe Ratios of 0700.HK and BILI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	0700.HK	BILI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.23	0.07	-0.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.08	-0.38	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.09	+0.80

Drawdowns

0700.HK vs. BILI - Drawdown Comparison

The maximum 0700.HK drawdown since its inception was -72.70%, smaller than the maximum BILI drawdown of -94.23%. Use the drawdown chart below to compare losses from any high point for 0700.HK and BILI.

Drawdown Indicators

	0700.HK	BILI	Difference
Max Drawdown Largest peak-to-trough decline	-72.70%	-94.23%	+21.53%
Max Drawdown (1Y) Largest decline over 1 year	-36.54%	-51.86%	+15.32%
Max Drawdown (3Y) Largest decline over 3 years	-36.54%	-52.98%	+16.44%
Max Drawdown (5Y) Largest decline over 5 years	-65.88%	-92.90%	+27.02%
Max Drawdown (10Y) Largest decline over 10 years	-72.70%	—	—
Current Drawdown Current decline from peak	-30.80%	-87.94%	+57.14%
Average Drawdown Average peak-to-trough decline	-18.00%	-57.84%	+39.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.69%	21.62%	-5.93%

Volatility

0700.HK vs. BILI - Volatility Comparison

The current volatility for Tencent Holdings Ltd (0700.HK) is 13.12%, while Bilibili Inc. (BILI) has a volatility of 18.54%. This indicates that 0700.HK experiences smaller price fluctuations and is considered to be less risky than BILI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	0700.HK	BILI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.12%	18.54%	-5.42%
Volatility (6M) Calculated over the trailing 6-month period	23.35%	36.11%	-12.76%
Volatility (1Y) Calculated over the trailing 1-year period	29.34%	50.14%	-20.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.19%	79.07%	-39.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.59%	73.77%	-38.18%

Dividends

0700.HK vs. BILI - Dividend Comparison

0700.HK's dividend yield for the trailing twelve months is around 1.14%, while BILI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
0700.HK Tencent Holdings Ltd	1.14%	0.75%	0.82%	0.82%	0.98%	0.35%	0.21%	0.27%	0.29%	0.15%	0.25%	0.24%
BILI Bilibili Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both 0700.HK and BILI in my portfolio?

0700.HK and BILI have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.