Bilibili's Three Kingdoms Game Will Support Stronger 2024 Topline -- Market Talk

Dow Jones07-15

0727 GMT - Bilibili's topline in 2024 will likely helped by stronger-than-expected game segment performance, Daiwa analyst John Choi writes in a note. The Chinese video-sharing platform said its game Three Kingdoms was stronger than expected at its 2024 investor day conference over the weekend. Daiwa raised its annual game revenue forecast to an increase of 6% on year, compared with its previous guidance of 1% growth. The company said it will maintain its all-in strategy in the gaming sector and aim for long-term goals, the analyst adds. The company also sees higher e-commerce potential as its average users' age rose to 25 from 22 this year. Daiwa maintains a hold rating for the stock but raises its ADR target price to US$17.90 from US$15.00. They last closed at US$16.71. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

July 15, 2024 03:27 ET (07:27 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2451923456?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-15 15:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2451923456","market":"us","top_or_hot":-1,"title":"Bilibili's Three Kingdoms Game Will Support Stronger 2024 Topline -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0727 GMT - Bilibili's topline in 2024 will likely helped by stronger-than-expected game segment performance, Daiwa analyst John Choi writes in a note. The Chinese video-sharing platform said its game Three Kingdoms was stronger than expected at its 2024 investor day conference over the weekend. Daiwa raised its annual game revenue forecast to an increase of 6% on year, compared with its previous guidance of 1% growth. The company said it will maintain its all-in strategy in the gaming sector and aim for long-term goals, the analyst adds. The company also sees higher e-commerce potential as its average users' age rose to 25 from 22 this year. Daiwa maintains a hold rating for the stock but raises its ADR target price to US$17.90 from US$15.00. They last closed at US$16.71. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 15, 2024 03:27 ET (07:27 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bilibili's Three Kingdoms Game Will Support Stronger 2024 Topline -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBilibili's Three Kingdoms Game Will Support Stronger 2024 Topline -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-15 15:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0727 GMT - Bilibili's topline in 2024 will likely helped by stronger-than-expected game segment performance, Daiwa analyst John Choi writes in a note. The Chinese video-sharing platform said its game ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2451923456","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2451923456","pubTimestamp":1721028420,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0727 GMT - Bilibili's topline in 2024 will likely helped by stronger-than-expected game segment performance, Daiwa analyst John Choi writes in a note. The Chinese video-sharing platform said its game Three Kingdoms was stronger than expected at its 2024 investor day conference over the weekend. Daiwa raised its annual game revenue forecast to an increase of 6% on year, compared with its previous guidance of 1% growth. The company said it will maintain its all-in strategy in the gaming sector and aim for long-term goals, the analyst adds. The company also sees higher e-commerce potential as its average users' age rose to 25 from 22 this year. Daiwa maintains a hold rating for the stock but raises its ADR target price to US$17.90 from US$15.00. They last closed at US$16.71. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4526":"热门中概股","BK4085":"互动家庭娱乐","BILI":"哔哩哔哩","BK4504":"桥水持仓","BK4566":"资本集团","BK4554":"元宇宙及AR概念","BK4509":"腾讯概念","BK4503":"景林资产持仓","BK4563":"昨日强势股","BK4548":"巴美列捷福持仓","BK4531":"中概回港概念","BK4585":"ETF&股票定投概念","BK4505":"高瓴资本持仓","BK4577":"网络游戏","BK4510":"在线教育","BK4513":"直播概念"},"translate_title":"哔哩哔哩三国游戏将支撑更强劲的2024年营收——市场谈","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BILI":1},"content_text":"0727 GMT - Bilibili's topline in 2024 will likely helped by stronger-than-expected game segment performance, Daiwa analyst John Choi writes in a note. The Chinese video-sharing platform said its game Three Kingdoms was stronger than expected at its 2024 investor day conference over the weekend. Daiwa raised its annual game revenue forecast to an increase of 6% on year, compared with its previous guidance of 1% growth. The company said it will maintain its all-in strategy in the gaming sector and aim for long-term goals, the analyst adds. The company also sees higher e-commerce potential as its average users' age rose to 25 from 22 this year. Daiwa maintains a hold rating for the stock but raises its ADR target price to US$17.90 from US$15.00. They last closed at US$16.71. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 15, 2024 03:27 ET (07:27 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.3","shortVersion":"4.26.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2451923456"}