Daiwa: Bilibili's third-quarter performance may be a key catalyst for the stock price, upgrading the rating to "buy" in one go.
Gelonghui November 11th | Daiwa released a research report, indicating that Bilibili's third-quarter performance may be a key catalyst for the stock price, expecting it to achieve a balance of profits and losses in the third quarter of this year, with an adjusted operating profit of 0.163 billion yuan. The bank pointed out that with the visibility of Bilibili's profitability trajectory becoming clearer, it believes that its advertising and gaming business may become the two main pillars driving further profit growth in the future. Daiwa predicts that after the fourth season game update of Bilibili's game 'Three Kingdoms: Strategic Edition', its total IOS revenue ranking will once again rise to the top 10. The bank also expects that the game income of Bilibili's 'Jujutsu Kaisen' will increase further.
A glimpse ahead: The Chinese concept stock financial report season has begun! Tencent and Alibaba are the first to release their reports. Who is expected to sound the horn of a new round of "counterattack"?
Starting next week, a new round of financial reporting season for Chinese network technology stocks will officially begin. Star companies such as Tencent, alibaba, and Meituan will release their financial reports one after another. The capital markets once again focus on Chinese concept stocks, can this financial reporting season bring surprises to the market?
Dah Sing upgraded Bilibili (09626.HK) rating to 'buy'. The third-quarter performance may be a key catalyst for the stock price.
Daiwa released research reports stating that Bilibili-W (09626.HK)'s third-quarter performance may be a key catalyst for its stock price, expecting it to achieve a breakeven in the third quarter of this year, with adjusted operating profit of 0.163 billion yuan. The bank mentioned that as the profit visibility of Bilibili becomes clearer, it believes that its advertising and gaming business may become the two main pillars driving further profit growth in the future. Daiwa pointed out that due to Bilibili's advantages in the gaming and 3C electronics sectors, its advertising revenue growth is expected to continue outperforming its peers. As major e-commerce platforms started their November 11 shopping festival-related activities earlier this year than last year.
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Hong Kong stocks morning report on November 11: The financial 10 trillion debt conversion plan is implemented, and the Dow Jones Index in the United States has achieved its largest weekly increase in a year.
① Minister of Finance Lan Foan stated that local bond resources will be increased to 10 trillion yuan; ② Last Friday, the three major US stock indexes collectively rose, with the Dow Jones, S&P 500 index both achieving their largest weekly gains in a year. China concept stocks were generally down; ③ Trump is considering candidates such as the SEC Chairman; ④ Tesla's stock price rose by 8% last Friday, Elon Musk's net worth surpassed $300 billion for the first time in nearly three years.
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