BILIBILI-W Stock Forum

For technology stocks, $BABA-SW(09988.HK)$ gained 1.5% at $77.45. $TENCENT(00700.HK)$ lifted 0.9% at $371.2. $MEITUAN-W(03690.HK)$ , $XIAOMI-W(01810.HK)$ , $BIDU-SW(09888.HK)$ , $NTES-S(09999.HK)$ and $KUAISHOU-W(01024.HK)$ grew 1.4%-1.8%. $JD-SW(09618.HK)$ and $BILIBILI-W(09626.HK)$ soared 3.3% and 4.6%.

$BABA-SW(09988.HK)$ completed private placement of US$5 billion convertible senior notes, having its shares opened 0.5% lower at $76.4.
$TENCENT(00700.HK)$ ’s mobile game, Dungeon and Fighter (DNF), posted first weekly sales in Mainland China of more than US$140 million reportedly. TENCENT dipped 0.3% at $370.
$JD-SW(09618.HK)$ confirmed that JD had made structural adjustments to its family medical division. JD faded 0.5% at $113.9, while $JD HEALTH(06618.HK)$ opened ...

$LENOVO GROUP(00992.HK)$ issued US$2 billion zero-coupon 3-year convertible bonds to Saudi Arabia's sovereign wealth fund subsidiary (initial conversion price was HK$10.42 per share). The stock opened 1.5% lower at HK$11.64 this morning.
As for techs, $BABA-SW(09988.HK)$ fell 1.3% at $78.5. $TENCENT(00700.HK)$ dropped 0.7% at $377.4. $MEITUAN-W(03690.HK)$ , $JD-SW(09618.HK)$ and $BIDU-SW(09888.HK)$ lost 1.4%-2.1%. $XIAOMI-W(01810.HK)$ and $BILIBILI-W(09626.HK)$ subtracte...

In April, the revenue of China's gaming market was 22.432 billion yuan, down 4.21% m/m and 0.27%y/y. Specifically, the actual revenue of the mobile gaming market was 15.905 billion yuan, down 6.18% m/m and 1.93% y/y.
$TENCENT(00700.HK)$ $Tencent(TCEHY.US)$ $NTES-S(09999.HK)$ $NetEase(NTES.US)$ $FEIYU(01022.HK)$ $Bilibili(BILI.US)$ $BILIBILI-W(09626.HK)$

For techs, $BABA-SW(09988.HK)$ added 1% at $78.9. $TENCENT(00700.HK)$ faded 1.3% at $372. $MEITUAN-W(03690.HK)$ opened flat at $116.3. $XIAOMI-W(01810.HK)$ and $JD-SW(09618.HK)$ lost 0.5% and 1.2%. $BIDU-SW(09888.HK)$ , $NTES-S(09999.HK)$ and $KUAISHOU-W(01024.HK)$ gained 0.1%-0.4%. $SMIC(00981.HK)$ and $BILIBILI-W(09626.HK)$ grew 1.6% and 2.3%.

$Hang Seng Index(800000.HK)$ opened 126 points or 0.7% lower at 18,742. $Hang Seng China Enterprises Index(800100.HK)$ opened 41 points or 0.6% lower at 6,660. $Hang Seng TECH Index(800700.HK)$ opened 31 points or 0.8% lower at 3,865.
$XIAOMI-W(01810.HK)$ 's 1Q24 non-IFRS net profit rose 101%, far beating estimations. XIAOMI-W raised its full-year auto delivery target to 120,000 units, but its share price slid 0.1%.  $NTES-S(09999.HK)$ 's 1Q24 non-GAAP net profit ...

$Bilibili(BILI.US)$fell 12.4% overnight to close at US$13.74, hitting a low of US$13.51, down 13.8% during trading.
For Q1 2024, turnover rose 12% YoY to RMB5.665 billion. The loss widened to RMB749 million from RMB628 million last year, with LPS at RMB1.8. The non-GAAP adjusted net loss narrowed to RMB440 million from RMB1.029 billion, with an adjusted LPS of RMB1.06.
$BILIBILI-W(09626.HK)$ $Hang Seng Index(800000.HK)$ $Hang Seng H-Share Index ETF(02828.HK)$

Stocks fell on Thursday, with the Dow marking its worst day of 2024, despite Nvidia seeing a $221 billion boost in its market cap on the day.
The $Dow Jones Industrial Average(.DJI.US)$ ended 605 points lower, or down 1.5%. The $Nasdaq Composite Index(.IXIC.US)$ lost 0.4%, and the $S&P 500 Index(.SPX.US)$ was down 0.27%.
MACRO
US jobless claims fell to 215,000 in the week ended May 18. With a similar drop in the week before...

For technology stocks,  $JD-SW(09618.HK)$ shares opened 1.6% lower after it proposed to offer US$1.75 billion of convertible senior notes. $TENCENT(00700.HK)$ 's new handheld game "Dungeon & Fighter" suspended service due to having too many players. The stock opened 1.1% lower at $379.2. 
In addition, $BABA-SW(09988.HK)$ opened falling 0.3% at $84.15, while $BIDU-SW(09888.HK)$ and $NTES-S(09999.HK)$ opened declining 1.1% and 1.7%. $MEITUAN-W(03690.HK)$ and $XIAOMI-W(01810.HK)$ opened ri...

As for dotcoms, $BABA-SW(09988.HK)$ , $MEITUAN-W(03690.HK)$ , $XIAOMI-W(01810.HK)$ and $BILIBILI-W(09626.HK)$ decreased 0.3% to 0.8%, while $TENCENT(00700.HK)$ closed flat at $395. $JD-SW(09618.HK)$ elevated 2%, $NTES-S(09999.HK)$ and $KUAISHOU-W(01024.HK)$ mounted 1.3% and 1.6%, while $BIDU-SW(09888.HK)$ lowered 3.2%.