Bilibili (BILI) Rises on Share Buyback and Positive Outlook

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Dec 12, 2024
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Bilibili (BILI, Financial) saw a 4% rise in Hong Kong trading, which led to a 2.77% increase in its U.S. pre-market shares. The company recently repurchased 42,300 shares at prices ranging from $19.79 to $19.99 per share, spending a total of $843,100. This is part of multiple buybacks conducted this month. Additionally, analysts from China Merchants Securities are optimistic about Bilibili's accelerated commercialization and improved profitability.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.