Express News | Bilibili vice president Lu Fanxi has resigned.
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.
Express News | According to the Hong Kong Stock Exchange documents, Morgan Stanley's long position holding ratio in Bilibili increased from 5.28% to 5.89% on September 5th.