HKG:9626

Bilibili Launches $300 Million Share Buyback

Bilibili's (HKG:9626) board approved the buyback of up to $300 million of its shares over 24 months, according to a Wednesday Hong Kong bourse filing.The digital content platform will repurchase the shares from time to time from the open market.

Zephirin Adjusts Bilibili's Price Target to HK$134 from HK$152, Keeps at Strong Sell

Bilibili Turns to Q1 Profit

Bilibili (HKG:9626) recorded an attributable profit of 209.8 million yuan in the first quarter, compared with an attributable loss of 9.1 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.Earnings per share stood at 0.48 yuan, compared with a loss per share of 0.02 yuan in the corresponding period of the previous fiscal year.Revenue jumped 7% to 7.47 billion yuan from 7 billion yuan a year prior, driven by a 30% boost in advertising revenues.