Bilibili (BILI) Recently Broke Out Above the 50-Day Moving Average
Sensor Tower: In August, Chinese manufacturers accounted for 37.3% of the revenue of the top 100 mobile game publishers in the world.
Sensor Tower's Store Intelligence platform shows that in August 2024, a total of 34 Chinese manufacturers made it to the top 100 global mobile game publishers' revenue list.
The U.S. stock market hit a new high again, with Chinese concept stocks and cryptos surging! Waiting quietly for the "crucial moment".
After the overnight Dow Jones Industrial Average and S&P 500 index hit new highs in intraday trading, the Japanese stocks also opened strongly.
Futu Morning News | Rate cut countdown! US stocks continue to break records; Bank of America: Long the seven giants of US stocks is still the most crowded trade.
"New美联储通讯社": The situation is complex, and there are still doubts about the magnitude of the Fed's first rate cut; if the Fed's first cut is done "properly", the record-breaking betting on a significant rate cut may face huge risks; Apple's iPhone 16 series pre-order sales in the first weekend fell short of expectations, analysts: the long-term outlook remains optimistic.
US stocks closed | S&P and Dow set new intraday highs, Chinese concept stocks performed well, li auto inc rose more than 12%.
In the late trading session, the US stock market saw a significant decline, but the S&P 500 index rose for the seventh consecutive day, and the Nasdaq and semiconductor index erased gains of more than 1%, with Intel rising 8% and closing up 2.7%, while Nvidia declined 1%. The Chinese concept index rose nearly 2%, and Li Auto Inc. rose more than 12%.
U.S. stocks close: Fed rate cut enters countdown, S&P and Dow hit new intraday highs.
①China concept stocks rise across the board, NASDAQ China Golden Dragon Index rises by 1.83%; ②BlackRock and Microsoft plan to establish a $30 billion fund; ③Morgan Stanley negotiates with Apple, hoping to take over its credit card business; ④Musk's brain-machine company: "Blindsight" receives breakthrough medical device certification from the FDA.
US stocks are fluctuating | Bilibili (BILI.US) rises more than 4%, Hong Kong stocks rose 1.13% today.
bilibili rose more than 4%, closing at $15.325
US stocks surged more than 4%, bilibili was listed as one of the leading internet platforms preferred by institutions
On September 17th, Bilibili (BILI.US) rose more than 4%, reaching a high of $15.3. In terms of news, China Merchants Securities International released a report stating that the stock price of mainland leading internet platforms has shown resilience recently, thanks to the improvement of competition environment and the enhancement of profit prospects. The bank has listed Bilibili as one of its top picks in the industry, with a 'shareholding' rating and a target price of $21.
Express News | Bilibili vice president Lu Fanxi has resigned.
U.S. stocks closed | S&P 500 and Nasdaq both rose for the fifth consecutive week, with nvidia up nearly 16% for the week and broadcom up 22% for the week.
The rebound in US consumer confidence, the near four-year low in one-year inflation expectations, the support of the former "Fed's three hands" for a 50 basis point rate cut, and the significant increase in betting on substantial rate cuts by the "Fed's communication agency" and others, have returned to the "fifty-fifty" level. Small cap stocks rose by more than 2% on Friday, chip index rose by 10% over the week, NVIDIA rose by nearly 16% over the week, and Broadcom rose by 22% over the week. The two-year US Treasury yield returned to a two-year low, the yen rose above 141, the highest in nearly nine months, offshore renminbi rose above 7.10 yuan, and bitcoin rose to $0.06 million. Oil prices stopped the multi-week decline, and gold rose by over 3% for the best month in a month.
Asian Equities Traded in the US as American Depositary Receipts Flat in Friday Trading; Ends Week Sharply Higher
Express News | Blackrock reduced its long position in BILIBILI from 5.28% to 4.44% on September 10th at hkex.
US stocks closing | NASDAQ, S&P joined hands for four consecutive positives, US stocks' seven giants all rose, with Meta up nearly 3% and Nvidia up nearly 2%.
In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.
6-K: Report of foreign private issuer (related to financial reporting)
BILIBILI-W: 2024 Interim Report
China Merchants Securities International: The stock prices of leading domestic internet platforms show resilience. Preferred choices are Tencent, Alibaba, and Bilibili.
China Merchants Securities International published a report stating that although the stock market has recently weakened overall, the stock prices of mainland leading internet platforms have still shown resilience. It is believed that this is due to the improvement of the competitive environment and the enhancement of profit prospects. After this quarter's performance, companies with large declines are still worth attention, such as PDD Holdings, Tencent Music, and Netease. These companies still have attractiveness in terms of business strength, market position, and valuation. The bank pointed out that the overall market position and profit capability of mainland leading internet platforms are still solid. Industry first choices: Tencent, Alibaba, and Bilibili, all given a "shareholding" rating, with target prices of HKD 474 and USD 126 respectively.
China Merchants Securities: The leading Internet platform shows resilience in the macro headwinds, with Tencent, Alibaba, and "B Station" as the top choices.
China Merchants Securities International released a report stating that although the overall stock market has been weak recently, the stock prices of leading mainland internet platforms have demonstrated resilience, attributed to the improvement of the competitive environment and the enhancement of profit prospects. After this quarter's performance, companies with larger declines are still worth paying attention to, such as PDD Holdings (PDD.US), Tencent Music (TME.US), and Netease (NTES.US). These companies still possess attractiveness in terms of business strength, market position, and valuation. The bank pointed out that the overall market position and profit capabilities of the leading mainland internet platforms are still solid. Preferred industry: Tencent (00700.HK).
Hong Kong Stock Market: Bilibili-W (09626) rose nearly 4% with excellent performance in the 'Three Strategies' data. The company is expected to achieve a balance between revenue and expenditure in the third quarter.
Bilibili-W (09626) rose nearly 4%, as of press time, it rose 3.78%, reporting HKD 123.5, with a turnover of HKD 0.176 billion.
US stock market closing: US stocks staged a "V-shaped" big reversal, with Nvidia soaring more than 8%; solar concept stocks and lithium stocks rose across the board, with first solar rising more than 15% and Albemarle rising more than 13%
The core CPI in the US in August exceeded expectations, and the market believes that the Federal Reserve will not make a significant interest rate cut next week. The US stock market fell at the beginning of trading, with the Dow Jones Industrial Average falling more than 740 points at one point. Huang Renxun emphasized the high demand for AI chips, and Nvidia, which had the largest increase in six weeks, led the US stock market to rebound in a V-shape, with the Nasdaq rising more than 2% and chip stocks rising nearly 5%. The US presidential debate boosted solar stocks, while Trump media fell more than 10% to the lowest level since its backdoor listing in March. Brent oil climbed back above $70, breaking away from a three-year low.
8 Communication Services Stocks Whale Activity In Today's Session