Hong Kong Stock Market News: BILIBILI-W rebounds over 4%. Institutions expect the company's fourth-quarter revenue to increase YoY to RMB 6.3 billion.

Bilibili-W stock rebounded by more than 4%, and institutions predict that the company's fourth-quarter revenue will increase by 6.3 billion yuan YoY. The company has reached a cooperation agreement with the organizer of the Wonder Festival (WF) for figurine and model exhibitions, obtaining exclusive hosting rights in China. Furi expects the company's annual net revenue to reach 22.5 billion to 23.5 billion yuan, with a target price of HKD 172. It is expected that Bilibili's fourth-quarter revenue will increase by 3%, with online game revenue expected to increase by about 10% to 1.1 billion yuan, VAS revenue increasing by 18% YoY, and online advertising revenue increasing by 25%.