BILIBILI-W (09626.HK) -4.100 (-2.245%) Short selling $91.44M; Ratio 46.716% 's 4Q25 results beat expectations, with revenue amounting to RMB8.3 billion for the period, up 8% YoY, 2% ahead of both the expectations of Goldman Sachs/ market, Goldman Sachs released a research report saying.Regarding the 2026 outlook, the report noted that BILIBILI-W's management was optimistic about healthy user growth and time spent growth, and was confident in the growth of advertising revenue, with 1Q26 a stable start. Related News G Sachs: Cloud and Data Centers Top Picks Among China Internet Sub-sectors; Recommends Alibaba (09988.HK) and Kingsoft Cloud (03896.HK)The benefits such as AI budget investment, improved advertising conversion rates and optimized recommendation systems are expected to continue to materialize.Therefore, Goldman Sachs rated BILIBILI-W at Buy, with target prices of $266/ US$34.2 for BILIBILI-W's H-shares/ US stock.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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