Movement Alert|Bilibili-W Rises 3.17% in Regular Trading, Multiple Brokerages Maintain Buy Ratings Boosting Sentiment

Market Focus
May 29

On May 29, Bilibili-W rose 3.17% in regular trading, trading at 136.7 HKD/share, with trading volume of approximately 249 million HKD. The stock rebounded following consecutive sessions of post-earnings weakness.

On the news front, multiple securities firms including Great Wall Securities, Kaiyuan Securities, Guosheng Securities, and China Galaxy Securities have recently issued research reports maintaining Buy or Overweight ratings on the company. Bilibili reported Q1 adjusted net profit of 585 million yuan, up 62% year-over-year, demonstrating continued improvement in profitability. The stock had previously pulled back due to mobile gaming revenue declining 12% YoY and overall revenue growth of 7% missing market expectations, while management announced approximately 1 billion yuan in incremental AI capital expenditure for the full year. The current rebound appears supported by sector recovery and consensus bullish sentiment from institutions.

Within the Interactive Media and Services sector, peers showed broad-based gains, with Baidu-SW up 3.9%, Meitu up 3.1%, Tencent up 2.45%, Kuaishou-W up 0.98%, and NewBornTown up 1.68%.

(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.)

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