Weekly Recap | BILIBILI-W -5.96%, most brokers rate it buy
Weekly Review·
- Bilibili - W closed at 121.4 HKD this week, recording a 5.96% decline while underperforming the Hang Seng Index.
- Key events included being removed from the Hang Seng Technology Index, a 700 million USD convertible bond offering alongside equity placement and share buybacks, and Tencent's sale of approximately 400 million USD in shares.
- Out of 19 covering institutions, 17 rated it as a buy and 2 as overweight, with a consensus target price of 215.88 HKD.