BilibiliNASDAQ: BILI

SHANGHAI, China, June 28, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that each of the proposed resolutions (the “Proposed Resolutions”) set out in the notice of the annual general meeting dated April 9, 2024 (the “AGM Notice”) has been adopted at its annual general meeting of shareholders held in Shanghai, China today.

China stocks to sell are under scrutiny with the shifting global market dynamics. Interest rates are expected to remain higher for longer, diverting capital from riskier assets such as Chinese stocks.

Bilibili (BILI) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.37 per share a year ago.

SHANGHAI, China, May 23, 2024 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.

Bilibili (BILI) experienced significant movement in the last session with above-average trading volume. The stock may not continue to rise in the short term due to the latest trend in earnings estimate revisions.

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Bilibili (BILI) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.48 per share a year ago.

The industry is witnessing a mixed bag of fortunes in the dynamic world of online streaming. Though industry bellwethers such as Netflix continue to shine, its competition is struggling, with many of them evolving into streaming stocks to sell.