After reading Station $Bilibili Inc.(BILI)$ B's Q1 earnings report, the biggest highlight of this issue is still the “cost reduction and efficiency” results Same as $KUAISHOU-W(01024)$ and $JD HEALTH(06618)$ . Gross profit increased 66% year on year, and gross margin continued to rise to 23.1% for four consecutive quarters (15% in the same period last year). The adjusted net loss narrowed sharply by 51% year on year, getting closer to the balance of profit and loss. The increase in gross margin is largely due to “cost reduction”. For example, its marketing expenses fell

Looking at Meituan's$MEITUAN-W(03690)$  financial report, “new business” growth in the third quarter was not as high as last year's growth rate (over 20% last year and 15% this year), and the new business was the most expensive in recent years. It also lost more than 5 billion dollars this quarter, and growth expectations outside of core business were hit. In fact, whether it was $TENCENT(00700)$ Tencent or Meituan, the great period of 15 to 18 was either too comfortable, or busy with other domestic manufacturers. Looking back (soon afterward), expanding overseas during this period was the right choice. Byte has fully opened up space overseas

The whole day closed down 134 points or 0.66%, reporting 2024; the science index lost, falling 1.6% to 4233. The daily turnover of the big city was 1193.99 billion yuan. Beishui net income from 5.24 billion yuan yesterday, which has been reduced by only 651 million yuan today. ( According to the calculation of the purchase turnover and sale turnover of "Hong Kong Stock Connect" provided by Hong Kong Stock Exchange). In terms of technology stocks, it soared by 12.8% today to $SENSETIME-W (00020. HK)$ Received 1.667 billion yuan from Beishui; $SMIC (00981. HK)$ rose by half of today, recording a net income of 640 million yuan; $MEITUAN-W (03690. HK)$ 1.18 billion yuan by Beishui; $TENCENT (00700. HK)$ RECORD NET 245 million YUAN; $KINGSOFT(03888. HK)$ WITH A NET PURCHASE OF 166 YUAN; $KINGSO

$BlackBerry(BB)$ has changed from a smartphone manufacturer to a software supplier in the past decade, and now most of its revenue comes from network security services, QNX embedded operating systems for vehicles and other Internet of Things (IoT) software. BlackBerry's revenue fell 14% in fiscal year 2021 (as of February 2021), decreased by 20% in fiscal year 2022, and is expected to decline by 9% in fiscal year 2023. The main reasons for the continuous slowdown are the macro headwind, fierce competition from other network security companies, and the interruption of the auto industry, which temporarily inhibits QNX growth. The company squeezed out meager profits in fiscal year 2022, but it is expected that there will be another annual net loss

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