Bilibili's stock (09626) surged 6% during intraday trading on Friday, outperforming the broader market. The rally was part of a broader uptick in shares of Chinese AI model developers, with MiniMax and Knowledge Atlas also posting significant gains.
The surge in Bilibili's stock aligns with a positive sentiment in the AI sector, as investors show increased interest in companies involved in AI development. This trend reflects growing optimism about the potential of AI technologies in China's tech landscape.
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