BofA Securities issued a research report believing that investor recognition of the scarcity value of BILIBILI-W (09626.HK) -4.100 (-2.245%) Short selling $91.44M; Ratio 46.716% , a social professional user generated content (PUGC) video platform, increased. This is reflected in the accelerated natural growth of users and usage time growth without the need for significant marketing expenses. In the short term, after resetting EPS due to more AI investment, the broker continued to believe that BILIBILI-W's valuation premium is justified, citing factors such as accelerated growth in core business, limited competition and faster-than-peers expected EPS growth in 2026-2027.Related News G Sachs: Cloud and Data Centers Top Picks Among China Internet Sub-sectors; Recommends Alibaba (09988.HK) and Kingsoft Cloud (03896.HK)Overall, BofA Securities slightly lowered its 2026-2027 adjusted net profit forecasts by 14-18% to reflect higher AI investment. Therefore, the broker reaffirmed rating at Buy, but chopped its target price from $242 to $234.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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