0349 GMT - Bilibili's 2Q performance was likely in line with expectations, according to Deutsche Bank analyst Leo Chiang in a research note. Chiang expects the Chinese online entertainment provider to report continued margin expansion in 2Q, driven by a shift in its revenue mix to higher-margin businesses, and improving operating leverage. A successful anniversary campaign for its flagship mobile game "San Mou," as well as decent growth in its advertising business and value-added service revenue will likely support Bilibili's 2Q results. The company is set to report 2Q results late August. Deutsche Bank keeps its buy rating on the stock, with a target price of HK$228.00. Shares last traded at HK$180.50. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
August 06, 2025 23:49 ET (03:49 GMT)
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