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| HSI1 | 22,671.86 | -405.05 | 342.10B |
| HSCEI1 | 7,460.84 | -147.54 | 100.47B |
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2026-06-25 10:07:22 Morgan Stanley projected BILIBILI-W (09626.HK)'s share price will rise in absolute terms in the next 30 days, with the probability of this scenario estimated at over 80% (or "highly likely"). This was mainly because the company announced a new share repurchase program to buy back up to USD300 million of shares over the next 24 months, representing about 4.5% of its market cap. The repurchases will be conducted through the open market, block trades and/or other permitted means. Although BILIBILI-W's fundamentals remain solid, its share price pulled back over the past month owing to market concerns about TENCENT (00700.HK) reducing its stake, the broker noted, expecting the share price to react positively to the latest share repurchase plan. The broker set a US stock TP at USD31 and maintained an Overweight rating. ~ AASTOCKS Financial News Website: www.aastocks.com | |