JPMorgan upgraded BILIBILI-W (09626.HK) -4.100 (-2.245%) Short selling $91.44M; Ratio 46.716% (BILI.US) 's US stock/ H-shares to Overweight, and elevated its target prices from US$27/ $210 to US$35/ $270.The Company's stock price has retreated from its high in January 2026, mainly due to investor concerns about the returns on increased AI investments, the overall adjustment of Chinese internet stocks, and the Company's high PE valuation, the broker noted. Related News G Sachs: Cloud and Data Centers Top Picks Among China Internet Sub-sectors; Recommends Alibaba (09988.HK) and Kingsoft Cloud (03896.HK)However, JPMorgan suggested that investors should bottom fish the stock now, believing that the Company's strategy to increase AI investment is correct. Last year, AI has already become a driver for the Company's user engagement and advertising revenue growth, and it is expected to continue driving related growth in the coming years.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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