On July 20, Bilibili-W (09626.HK) rose 3.8% in regular trading, trading at HK$146.7/share, with turnover of HK$53.83 million. The stock was buoyed by a combination of sector-wide strength and positive developments from the World Artificial Intelligence Conference (WAIC) in Shanghai.
On the news front, Bilibili is participating in WAIC as the official AI technology video platform partner, with exhibition booths set up at both the Expo and Xuhui venues. Official data shows that over 190 million users consume AI-related content on the platform monthly, reinforcing its position as one of the strongest AI-focused content communities in China. The platform showcased AI works created by young content creators and hosted multiple AI technology podcast sessions featuring industry experts.
Meanwhile, the Interactive Media and Services sector rallied broadly, providing additional support. Among sector peers, Kuaishou-W gained 4.53%, Newborn Town rose 3.66%, Tencent climbed 2.82%, Meitu advanced 2.02%, and Baidu-SW added 1.97%. Analysts note that Bilibili's sustained investment in AI content ecology and strong user engagement data have bolstered investor confidence in its growth potential on the technology track.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)