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The Latest Breaking News from Bilibili Inc

Bilibili Inc. (BILI) vs. LexinFintech (LX) - Predicting Which China Stock Will Have Better December Gains

With a substantial GDP expansion and well-timed government initiatives to help recovery, China's economy is expected to rise significantly in the following years. In light of this, which of the stocks, LexinFintech (LX) and Bilibili (BILI), could see more gains in December? Let's find out.

StockNews.com · Dec 1, 2023

China Crackdown: 3 Stocks Worth Avoiding in May

The regulatory crackdown in China, which intensified in late 2020, shows no signs of easing, with international consulting firm Capvison being its latest target over national security concerns. Continued China’s crackdown is expected to weigh on stocks significantly. So, it could be wise to avoid struggling Chinese stocks Air China…

StockNews.com · May 10, 2023

Tencent, Other Chinese Companies Follow Western Counterparts In Laying off Staff As Economic Slowdown Weighs

Chinese tech giants like Tencent Holding Ltd (OTC:TCEHY) and TikTok parent ByteDance Ltd implemented fresh layoffs affecting thousands of employees in their latest round of cost-cutting, the Wall Street Journal reports. The job cuts added on to the tens of thousands of employees already axed by Chinese internet companies since late 2021 after the domestic regulatory crackdown crushed the…

Benzinga · Jun 30, 2022

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Alibaba, Other Chinese Stocks Brace For Uncertainty As US Looks To Monitor, Restrict Investment In China

Congress pushed a ruling proposing screening investments in rival countries like China to protect U.S. technologies and rebuild critical supply chains, the Wall Street Journal reports. The action would require American companies and investors to disclose new outbound investments with a new interagency panel to review and block investments on national…

Benzinga · Jun 14, 2022

Why Bilibili Shares Are Plunging Today

Bilibili Inc (NASDAQ:BILI) reported first-quarter FY22 revenue growth of 30% year-on-year to $797.3 million, beating the consensus of $757.6 million. Drivers: Average monthly active users (MAUs) increased 31% Y/Y to 293.6 million, and Mobile MAUs rose 33% Y/Y to 276.4 million. Average daily active users (DAUs) climbed 32% Y/Y to 79.4 million, and Average…

Benzinga · Jun 9, 2022

Why Bilibili Shares Fell Today

Shares of Chinese companies, including Bilibili Inc - ADR (NASDAQ: BILI), traded lower today, possibly on continued weakness amid COVID-19 concerns in China, which have led to lockdown measures and caused economic uncertainty.

Benzinga · Apr 20, 2022

China Starts Issuing Videogame Licenses Again: WSJ

China’s videogame regulator has started granting publishing licenses to new titles, ending a months-long freeze in the world’s largest mobile game market, the Wall Street Journal reported. The country stopped issuing licenses in July 2021, after Beijing tightened rules on the industry. The report noted approved 45 videogames last week, including…

Benzinga · Apr 12, 2022

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Why Bilibili and NetEase Shares Are Trading Higher Today

XD Inc has won a publishing license for its title "Party Star" in one of China's first approvals of a game since July last year, Reuters reports. The National Press and Publication Administration soon looked to publish a list of games it has granted licenses. Also Read: NetEase Stock Plummets As China Limits…

Benzinga · Apr 11, 2022

Here's Why Alibaba And Bilibili Are Moving

Shares of Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA) and Bilibili Inc - ADR (NASDAQ: BILI) are trading higher.

Benzinga · Mar 23, 2022

Read Why Bilibili Shares Are Soaring In Premarket

Bilibili Inc's (NASDAQ:BILI) board approved the company to pursue the voluntary conversion to dual-primary listing on the Hong Kong Stock Exchange. Bilibili would continue to trade on both the HKSE and Nasdaq. Recently, JPMorgan analyst Alex Yao downgraded Bilibili to Underweight from Overweight with a $15 price target (20.5% downside). JPMorgan downgraded the Chinese tech sector, including Alibaba Group Holding…

Benzinga · Mar 16, 2022

Why Bilibili Shares Are Soaring Today

Bilibili Inc (NASDAQ: BILI) reported

Benzinga · Mar 3, 2022

Here's Why Bilibili Shares Are Trading Higher Today

Alibaba Group Holding Ltd (NYSE:BABA) backed Bilibili Inc (NASDAQ:BILI) is looking to hire 1,000 new content moderators and more closely monitor the health of its workers, Reuters reports. China's leading video platform came under scrutiny after the death of an employee prompted accusations that it was overworking its staff. A user on the microblogging…

Benzinga · Feb 9, 2022

Read Why Barclays Sees Downside In Bilibili

Barclays analyst Jiong Shao initiated coverage of Bilibili Inc (NASDAQ:BILI) with an Equal Weight rating and $32 price target. The price target implies a downside of 6.76%. Related Content: Here's Why Morgan Stanley Slashed Bilibili Price Target By 53% The analyst considers competition the most significant risk to the Bilibili story. Bilibili is a full-spectrum…

Benzinga · Feb 8, 2022

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