Jpmorgan believes that the fundamentals of the group are still healthy and expects the next quarter's performance to become the next stock catalyst.
According to the Intelligent Financial app, Jpmorgan reiterated its "shareholding" rating on Bilibili-W (09626), believing that the fundamentals of the group are still healthy, and it is expected that next quarter's performance will become the next stock catalyst.
The bank stated that the success of the second season of the mobile game "Three Kingdoms: Strategy of the World" has brought the game back to the top ten in the iOS game revenue rankings, indicating that the group's game revenue still has great potential for growth; strong growth in mobile game and advertising revenue should enable the group to achieve a balance of payments in the third quarter.
