On June 29, Bilibili-W rose 3.37% in regular trading, trading at 130.4 HKD/share, with turnover of approximately 93.88 million HKD.
On the news front, Bilibili celebrated its 17th anniversary, during which CEO Chen Rui disclosed a series of key engagement metrics. Data revealed that over 8.13 million fans have followed the same content creator for more than ten years while maintaining active interactions, and over 20 million users consecutively watched a single creator's last 10 episodes. Additionally, Q1 creator per-capita income grew 24% year-over-year, while the tipping business surged 71% with paying users exceeding 10.63 million. These figures underscore Bilibili's unique community ecosystem and deep user loyalty.
The positive sentiment is further reinforced by the company's recently announced $300 million share repurchase program over 24 months, alongside Changjiang Securities maintaining a Buy rating citing 30% year-over-year advertising revenue growth and adjusted net profit surging 62% in Q1. Multiple catalysts are collectively driving the stock higher.
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