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Here is how Bilibili (BILI) and Box (BOX) have performed compared to their sector so far this year.
No rally, not even one pushed hard by the Chinese government, can last forever.
Shares of Chinese tech and consumer names continued their vicious rally.
Shares of Bilibili Inc (BILI, Financial) surged 7.86% in mid-day trading on Oct 2. The stock reached an intraday high of $31.77, before settling at $28.83, up from its previous close of $26.73.
Does Bilibili (BILI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Bilibili's Q2 2024 net loss was narrower than expected, and the company is expected to report positive normalized earnings by the third quarter. BILI's near-term top-line growth prospects are strong, taking into account the significant +25% QoQ increase in its deferred revenue balance. Bilibili's top line and profitability outlook are sufficiently favorable to support a Buy rating for the stock.
SHANGHAI, China, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that it will report its second quarter 2024 unaudited financial results on Thursday, August 22, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on August 22, 2024 (8:00 PM Beijing/Hong Kong Time on August 22, 2024).
SHANGHAI, China, June 28, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that each of the proposed resolutions (the “Proposed Resolutions”) set out in the notice of the annual general meeting dated April 9, 2024 (the “AGM Notice”) has been adopted at its annual general meeting of shareholders held in Shanghai, China today.
China stocks to sell are under scrutiny with the shifting global market dynamics. Interest rates are expected to remain higher for longer, diverting capital from riskier assets such as Chinese stocks.
Bilibili Inc. (NASDAQ:BILI ) Q1 2024 Earnings Conference Call May 23, 2024 8:00 AM ET Company Participants Juliet Yang - Executive Director, IR, Piacente Financial Communications Xin Fan - CFO Rui Chen - Chairman of the Board & CEO Ni Li - Vice Chairwoman and COO Conference Call Participants Thomas Chong - Jefferies Lei Zhang - Bank of America Securities Xueqing Zhang - CICC Felix Liu - UBS Lincoln Kong - Goldman Sachs Operator Good day and welcome to Bilibili First Quarter 2024 Financial Results and Business Update Conference Call. Today's conference is being recorded.