Bilibili (BILI) Gains on Strong Game Launch and Positive Earnings Outlook

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6 days ago
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Bilibili Inc. (BILI, Financial) saw its stock rise by 1.06% to $17.17 during pre-market trading. Analysts at Guotai Junan Securities reported a strong start for Bilibili's exclusive strategy mobile game "Three Kingdoms: Mouding World" in its S4 season, with the company achieving its first profit in Q3. Bilibili maintains a unique position in the short and medium video competition, with strong user engagement and significant potential for increased consumer spending, indicating a sustainable profitability outlook.

In addition, Huajin Securities highlighted that the domestic gaming industry shows a positive trend for the full year, with leading companies securing approvals for high-quality content IP products, fostering a positive forecast for the game industry in the coming year. They recommend keeping an eye on Bilibili and similar companies as key players.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.