＜Research＞Daiwa Elevates BILIBILILI-W (09626.HK) TP to $137, Keeps Rating at Hold

　　Daiwa released a research report raising its 2024 game revenue growth forecast for BILIBILILI-W (09626.HK) -10.900 (-7.985%) Short selling $56.99M; Ratio 11.664% to 6% on the brilliant performance of “Three Kingdom SLG”.

　　Although the new game will boost the share price in the short term, the game relies on long-term operation, and Daiwa remained a conservative stance.

　　Related NewsG Sachs Elevates BILIBILI-W (09626.HK) TP to $129, Keeps Rating at Neutral

　　Daiwa increased its 2024-2026 revenue forecasts by 0.6-1.1%, mainly reflecting stronger-than-expected game performance, and elevated its target price to $137, from $115, with rating kept at Hold.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-12 16:25.)

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