---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42825546.md"
description: "$BILIBILI-W(09626.HK) saw a small gain; the narrative of recovery in gaming and advertising continues; $Krne Csi China Internet(KWEB.US) rose along with it, while $Tencent Music(TME.US) and $A GX HSCEICC(03416.HK) remained basically unchanged.This round for Chinese concept stocks is structural: stocks with their own stories are moving, while covered ETFs focused on dividends are sitting steadily still. If $BILIBILI-W(09626.HK) can pull up its ad growth rate for another quarter, there is still room for valuation upside 😇"
datetime: "2026-07-21T10:33:35.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42825546.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42825546.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42825546.md)
author: "[宇宙第一美少女美乐蒂](https://longbridge.com/en/profiles/26647084.md)"
---

# $BILIBILI-W(09626.HK) saw a small gain; the narrat…


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