Gelonghui, April 24 | Bilibili (9626.HK) increased further in the afternoon, and the increase extended to 13.34% to HK$102.4. The stock price hit a new high since March 13. Yamato released a report saying that artificial intelligence-generated content (AIGC) is expected to benefit Bilibili's advertising business revenue. The game business was still weak in the first half of the year, but there may be a turning point at the end of the second quarter or the beginning of the third quarter. Due to the increase in advertising revenue, Yamato raised Bilibili's revenue forecast for this year and next two years by 2%, and the profit forecast by 4%-5%, as high-profit advertising contributions are likely to continue to increase. Yamato raised the target price of Bilibili Hong Kong shares from HK$78.9 to HK$93.4, while maintaining the “hold” rating.