According to the SMARTER FINANCE NEWS app, bilibili-W (09626) rose more than 8%, as of the time of publication, it rose by 8.06%, trading at 147.5 Hong Kong dollars, with a turnover of 0.652 billion Hong Kong dollars.

On the news front, Goldman Sachs has upgraded bilibili's rating to 'buy', citing the company's long lifespan for its gaming products, mid-term profit growth potential, with a target price of 176 Hong Kong dollars. Everbright Securities stated that the company is expected to achieve operational profit in 3Q24: it is estimated that the company's adjusted operating profit will reach 0.18-0.2 billion yuan in the third quarter. Considering that the percentage of fixed costs to revenue is expected to continue to decrease and the company maintains strict cost control, it is expected that the company will achieve an operating profit margin of 15%-20% in the mid-term.

It is reported that on September 21st, the SLG mobile game 'Three Kingdoms: Strategy for the World' distributed by bilibili entered Season 3. According to Qimai data, on that day at 13:00, the game rose to 2nd place on the iOS bestseller list, and as of 6:00 on the 23rd, it still ranked 2nd on the iOS bestseller list. Opensource Securities believes that with the drive from the new season and improved gameplay experience, the game's revenue may increase significantly.