格隆汇 November 13th | Bilibili (BILI.US) rose 3.42% in pre-market trading to $21.8. Daiwa Research released a research report stating that Bilibili's third-quarter performance may be a key catalyst for the stock price, expecting the company to achieve breakeven in the third quarter of this year. The report mentions that as Bilibili's profit trajectory becomes clearer, they believe that its advertising and gaming businesses may become the two main pillars driving future profit growth. Daiwa holds an optimistic view on the trajectory of profit margin expansion, expecting the third-quarter gross margin to increase by 4.6 percentage points to 34.5% quarterly, and raising Bilibili's EPS forecast for the 2024-2026 fiscal years by 1% to 3%. (Gelonghui)