哔哩哔哩（09626.HK）交出了一份堪称“里程碑式”的答卷：在经历了多年的亏损探索后，B站不仅实现了单季度盈利的爆发式增长，更历史性地完成了全年扭亏为盈。然而，资本市场的反应却显得颇为冷静，在季绩发布后，其股价下挫4.46%，收报201.20港元，市值834.45亿港元。为何强劲的财务数据未能换来股价的上涨？业绩高光：广告引擎轰鸣，全年扭亏为盈B站的2025年第4季业绩表现强劲增长，主要受到...
Source Link哔哩哔哩（09626.HK）交出了一份堪称“里程碑式”的答卷：在经历了多年的亏损探索后，B站不仅实现了单季度盈利的爆发式增长，更历史性地完成了全年扭亏为盈。然而，资本市场的反应却显得颇为冷静，在季绩发布后，其股价下挫4.46%，收报201.20港元，市值834.45亿港元。为何强劲的财务数据未能换来股价的上涨？业绩高光：广告引擎轰鸣，全年扭亏为盈B站的2025年第4季业绩表现强劲增长，主要受到...
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