On July 9th, Gelonhui reported that Bilibili (BILI.US) rose 2.43% yesterday and continued to rise 1.34% pre-market trading today, at a price of $16.66. In a recent research report, Morgan Stanley pointed out that although the macro environment is not good, the game industry remains a major bright spot. Quality games, such as Bilibili's 'Three Kingdoms: Strategy of the Void,' are continuously being launched. Entering the summer season, the bank is optimistic about the upcoming high-quality games, which may become a key catalyst for further promoting company growth and profit visibility. Goldman Sachs also stated that they believe there is a 70-80% chance of Bilibili's stock price rising in the next 60 days. Goldman Sachs expects Bilibili to raise its third-quarter performance guidance when it releases its second-quarter results in August to reflect the advertising revenue generated by its game-oriented business. At the same time, the bank estimates that Bilibili's third-quarter game revenue will grow by more than 0.7 billion yuan sequentially, meaning that its third-quarter game revenue will grow by more than 70% annually, mainly driven by the new game 'Three Kingdoms: Strategy of the Void,' which was released on June 13th.