Bilibili-W (09626) opened up more than 4% and, as of press time, increased by 4.02%, reporting HKD 121.50, with a turnover of HKD 10.4053 million.
According to the Zhongtong Finance APP, Bilibili-W (09626) opened up more than 4% and, as of press time, increased by 4.02%, reporting HKD 121.50, with a turnover of HKD 10.4053 million.
On the news side, the game 'Three Kingdoms: Strategic Dominance' agented by Bilibili began public beta testing on June 13th. According to the monitoring data of global mobile application and game data monitoring service provider Didi Data, on the day of pre-download, the game topped the free total game chart in the Chinese App Store. On the day of the public beta test, it ranked fourth in the Chinese App Store's game sales chart.
UBS analyst Felix Liu maintains a 'buy' rating for Bilibili and maintains a target price of $18.
In addition, UBS previously reported that the company's advertising revenue is expected to benefit from bottom-up improvement and demand incentives this year, with earnings per share estimates for 2024 to 2026 raised between 19% and 39%.