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Shares of US-listed Chinese Stocks Are Trading Higher Amid AI Competition From China's DeepSeek.
Morgan Stanley has lowered the Target Price for Bilibili (BILI.US) to $18 and adjusted this year's Gaming revenue growth forecast.
Morgan Stanley released a research report indicating that the game "Three Kingdoms: Planning the World" released by Bilibili (BILI.US) is performing poorly, affecting the revenue prospects for Gaming. Therefore, the group has lowered its forecast for this year's Gaming revenue growth and reduced the group Target Price from $20 to $18, with a rating of "Market Perform." Morgan Stanley expects that Bilibili's Gaming revenue in the fourth quarter of last year will decline by single digits quarter-on-quarter. Additionally, due to the limited pipeline of "Three Kingdoms: Planning the World," the forecast for this year's Gaming revenue growth has been significantly reduced from 10% to 2%. The bank also expects that the group's gross margin will further expand to 36%, while
Express News | On January 28th at 8 PM, Bilibili will livestream the Spring Festival Gala in its entirety.
Is Bilibili also unattractive? China Construction Bank and Postal Savings Bank continue to suspend the issuance of co-branded credit cards, with about a hundred co-branded cards exiting the market last year.
On January 26th, China Construction Bank announced on its official website that it would stop issuing the Long Card Bilibili Credit Card Space Exploration Edition and the Long Card Bilibili Credit Card Three-Body Animation, effective tomorrow. Previously, the Postal Savings Bank Of China had also officially announced the cessation of the issuance of the China Resources Co-branded credit card. According to incomplete statistics from the Financial Association, the number of co-branded credit cards that major banks have stopped issuing in 2024 has reached about one hundred.
Nomura Adjusts Bilibili Price Target to $20 From $24, Maintains Buy Rating
Bilibili's 1Q Profit Likely to Be Temporarily Hit by Major Marketing Event -- Market Talk