Stock Track | Bilibili Shares Plunge Over 11% as U.S.-Listed Chinese Stocks Retreat-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Stock Track | Bilibili Shares Plunge Over 11% as U.S.-Listed Chinese Stocks Retreat

Stock Track10-04

Shares of Bilibili Inc., a popular Chinese video-sharing and entertainment platform, plummeted by 11.26% on October 3, 2024, joining a broader sell-off in U.S.-listed Chinese stocks. The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts (ADRs).

The sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally driven by China's stimulus measures. Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.

While the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. The decline in Bilibili's shares also reflects a broader sell-off in U.S.-listed Chinese ADRs, as investors reassess the potential impact of ongoing geopolitical tensions and regulatory uncertainties on these companies.

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Lolagogogo
·10-04
I wouldn't call -11% a plunge since it recently went up 80% in 6 trading days. And it's now back up 5% in post market.😁
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Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.</p>\n\n<p>While the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. 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The sharp decline...</p>\n\n<a href=\"\">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":"BILI","symbol_name":"哔哩哔哩","start_time":0,"source_url":"","article_id":"1177641176","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1177641176","pubTimestamp":1728007301,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Bilibili Inc., a popular Chinese video-sharing and entertainment platform, plummeted by 11.26% on October 3, 2024, joining a broader sell-off in U.S.-listed Chinese stocks. 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The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts (ADRs).\nThe sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally driven by China's stimulus measures. Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.\nWhile the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. 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And&nbsp;it's now back up 5% in post market.😁","listText":"I wouldn't call -11% a plunge since it recently went up 80% in 6 trading days. And&nbsp;it's now back up 5% in post market.😁","text":"I wouldn't call -11% a plunge since it recently went up 80% in 6 trading days. And it's now back up 5% in post market.😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/356349585780920","repostId":1177641176,"repostType":2,"repost":{"id":"1177641176","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1728007301,"share":"https://ttm.financial/m/news/1177641176?lang=&edition=fundamental","pubTime":"2024-10-04 10:01","market":"us","language":"en","title":"Stock Track | Bilibili Shares Plunge Over 11% as U.S.-Listed Chinese Stocks Retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=1177641176","media":"Stock Track","summary":"Shares of Bilibili Inc., a popular Chinese video-sharing and entertainment platform, plummeted by 11.26% on October 3, 2024, joining a broader sell-off in U.S.-listed Chinese stocks. The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts .The sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally drive","content":"<p>Shares of Bilibili Inc., a popular Chinese video-sharing and entertainment platform, plummeted by 11.26% on October 3, 2024, joining a broader sell-off in U.S.-listed Chinese stocks. The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts (ADRs).</p>\n\n<p>The sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally driven by China's stimulus measures. Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.</p>\n\n<p>While the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. 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The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts (ADRs).</p>\n\n<p>The sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally driven by China's stimulus measures. Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.</p>\n\n<p>While the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. The decline in Bilibili's shares also reflects a broader sell-off in U.S.-listed Chinese ADRs, as investors reassess the potential impact of ongoing geopolitical tensions and regulatory uncertainties on these companies.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BILI":"哔哩哔哩"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177641176","content_text":"Shares of Bilibili Inc., a popular Chinese video-sharing and entertainment platform, plummeted by 11.26% on October 3, 2024, joining a broader sell-off in U.S.-listed Chinese stocks. The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts (ADRs).\nThe sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally driven by China's stimulus measures. Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.\nWhile the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. The decline in Bilibili's shares also reflects a broader sell-off in U.S.-listed Chinese ADRs, as investors reassess the potential impact of ongoing geopolitical tensions and regulatory uncertainties on these companies.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}