bilibili-W (9626.HK): High-margin business continues to grow significantly, achieving quarterly profit for the first time.
Event description: Bilibili released its financial report for Q3 24. In Q3 24, Bilibili achieved a revenue of 7.306 billion yuan, a 26% year-on-year increase; achieved a gross profit of 2.547 billion yuan, a 76% year-on-year increase; the gross margin increased by 9.9% year-on-year.
Bilibili's Game Revenue Looks Promising in Near Term -- Market Talk
Express News | Auto reviewer Yuan Qicong responds to being sued by Huawei's Xiangjie: Actively defending, believing in the law.
Express News | Huawei's Enjoy Technology filed a lawsuit against self-media 'Yuan Qicong', demanding that he bear legal responsibility, compensate for losses, and eliminate the impact.
Express News | Lucasfilm's "Star Wars: Visions" season three will be available on Disney+ next year.
US stocks closed: "Trump trade" resumes, with all three major indexes rising together. The Dow rose 1%.
① The three major indices collectively rose, with the Dow Jones up 1%; ② Most large technology stocks fell, with Google dropping nearly 5%; ③ Most china concept stocks fell, with pdd holdings down more than 10%.
jpmorgan increased its shareholding in bilibili (09696) by 1.2442 million shares at an approximate price of 145.40 HKD per share.
On November 15, JPMorgan increased its shareholding of Bilibili (09696) by 1.2442 million shares, priced at 145.3993 Hong Kong dollars per share, totaling approximately 0.181 billion Hong Kong dollars.
Bilibili-W (09626.HK) received a shareholding of 1.2442 million shares of common stock from jpmorgan, worth approximately 0.181 billion Hong Kong dollars.
Reported on November 21st, according to the documents disclosed by the Hong Kong Stock Exchange on November 21st, JPMorgan Chase & Co. increased its shareholding in Bilibili-W (09626.HK) by a total of 1.2442 million shares of common stock, with an average on-exchange price per share of 145.3993 Hong Kong dollars and an average off-exchange price per share of 145.3582 Hong Kong dollars on November 15th, totaling approximately 0.181 billion Hong Kong dollars. After the increase, JPMorgan Chase's latest shareholding number is 30.8679 million shares, with the holding ratio rising from 8.77% to 9.14%. Additional information: As of
[Brokerage Focus] Orient Securities maintains a "buy" rating on bilibili (09626), stating that the performance of "Three Schemes" exceeded expectations, which is expected to drive high growth in games.
Jingu Wealth News | Orient Securities released research pointing out that Bilibili (09626) achieved 7.31 billion yuan in 24Q3 (+26% yoy, +19% qoq), with advertising and gaming business driving the company's main growth. The gross margin in 24Q3 reached 34.9% (+9.9pp yoy, +5.6pp qoq). Sales expenses for 24Q3 amounted to 1.202 billion yuan (+21% yoy, +16% qoq), management expenses were 0.505 billion yuan (+1% yoy, +4% qoq), and research and development expenses were 0.906 billion yuan (-15% yoy, +1% qoq). 24Q3
Hong Kong stocks morning report on November 21: The chairman of the Securities and Futures Commission, wu qing, met with the Financial Secretary of Hong Kong, paul chan mo-po. Canvest env received a privatization offer of 10 billion yuan from an A-share c
CSRC Chairman Wu Qing meets with Hong Kong Financial Secretary Paul Chan Mo-po.
Zhizhong Hong Kong stocks early knowledge | Ministry of Industry and Information Technology: Guide photovoltaic companies to reduce purely capacity expansion photovoltaic manufacturing projects. nvidia (NVDA.US) fell by as much as 5% after earnings.
On November 20, the Ministry of Industry and Information Technology issued a notice revising the "Specification Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Management of Announcements for the Photovoltaic Manufacturing Industry".
bilibili (9626.HK) 24Q3 Review: Game revenue exceeds expectations, profitability expected in 2025.
Total revenue: In Q3 2024, reached 7.31 billion yuan (yoy +26%, qoq +19%), driven by advertising and game business as the main growth factor. In Q3 2024, the gross margin reached 34.9% (yoy +9.9pp, qoq +
Hong Kong stock concept tracking | 112 domestically produced new games approved for version numbers! The gaming industry is expected to see a revival (with concept stocks)
On November 20, the domestic game licenses for this month were issued early. The National Press and Publication Administration announced in the evening the approval information for domestic online games in November 2024, with a total of 112 new games approved, marking two consecutive months with more than 110 licenses issued.
bilibili-W (09626.HK): First quarterly profit, expecting monetization to be released.
Bilibili's revenue growth rate has accelerated, achieving positive Non-GAAP operating profit for the first time. Bilibili's revenue in 2024Q3 was 7.3 billion yuan, a 26% year-on-year increase. Among them are value-added services, advertising, games, IP derivatives, and more.
U.S. stocks anomaly | Bilibili pre-market rises nearly 3%, praised by brokerage after earnings.
Gelonghui November 20th | Bilibili (BILI.US) pre-market trading up 2.7% to $19. In terms of news, the company recently announced Q3 revenue of 7.306 billion yuan, a year-on-year increase of +25.85%; adjusted net income attributable to parent company was 0.236 billion yuan, turning losses into profits year-on-year. Huaan Securities maintains a "buy" rating on Bilibili, and "Jujutsu Kaisen" is expected to go online in 2025, popular IP is expected to bring additional volume to the gaming business. Long-term view on AI algorithm improving push accuracy, thereby increasing subscription conversion rate. (Gelonghui)
The Hang Seng Index rose by 41 points, Kingsoft surged quickly, while Xpeng retraced after its results.
nvidia (NVDA.US) rose nearly 5% before the earnings announcement, leading the Nasdaq to gain 195 points or 1% on the night of the 19th, while the Dow dropped 120 points or 0.3%. Hong Kong stocks fluctuated upward. The Hang Seng Index opened 40 points lower, initially dropped 87 points to 19,575 points, then rebounded, at one point rising 89 points to 19,752 points, ultimately closing up 41 points or 0.2% at 19,705 points; the national index rose 6 points or 0.1% to close at 7,090 points; the hang seng tech index rose 18 points or 0.4% to close at 4,413 points. The total trading volume of the market for the day was 114.671 billion yuan. Alibaba-W (09988.HK)
Guosen Securities: Media industry turnaround expected in 2025, driven by new technology and M&A restructuring leading to valuation increase.
Looking ahead to 2025, the short-term media prosperity is at a low point, while in the medium term, under the effects of the base effect, improved content supply, and changes in external macro expectations, the prosperity is expected to gradually bottom out and rise.
Statistics of the unusual movement of the proportion of smart Hong Kong stock connect | November 20th
Intelligent Hong Kong and China Stock Connect ratio abnormal statistics | November 19, 2024
Hong Kong stocks morning report on November 20: hkbn received a takeover offer from china mobile. goldman sachs recommends continuing to overweight A-shares and listed in hong kong.
1. hkbn received a takeover offer from china mobile. 2. goldman sachs recommends continued overallocation of a shares and h shares. 3. robin zeng said that the main listing in hong kong brings greater liquidity to alibaba stocks. 4. zto express reported a profit of nearly 2.4 billion yuan in the third quarter.
bilibili-W (09626.HK): First single-quarter profit since listing, with impressive performance in advertising and gaming continuing.
The company released its third quarter performance for 2024, achieving revenue of 7.306 billion yuan, a year-on-year increase of 26%, and an adjusted net income of 0.236 billion yuan, turning a loss into a profit year-on-year. The company achieved its first profit in a single quarter, with a significant improvement in financial condition.