BOC International published a report stating that the target price of Bilibili-W was raised by 25% from HK$155 to HK$194, maintaining a “buy” rating. The bank said that due to Bilibili's game “Three Kingdoms: Designing the World” exceeded expectations, Bilibili's revenue for the 3rd quarter was raised 1% to 7.3 billion yuan, and the group's gross margin is expected to rise 9 percentage points to 34% year on year.

Zhitongcaijing · 10/17 04:17
BOC International published a report stating that the target price of Bilibili-W was raised by 25% from HK$155 to HK$194, maintaining a “buy” rating. The bank said that due to Bilibili's game “Three Kingdoms: Designing the World” exceeded expectations, Bilibili's revenue for the 3rd quarter was raised 1% to 7.3 billion yuan, and the group's gross margin is expected to rise 9 percentage points to 34% year on year.