CICC: Raise Bilibili-W (09626.HK) target price to HK$230.1, maintain "outperform" rating.

According to the Zhtng Cijng APP, CITIC Securities released a research report stating that the target price of Bilibili (09626, BILI.US) has been increased by 8% from 212.8 Hong Kong dollars to 230.1 Hong Kong dollars, and by 14% from 25.89 US dollars to 29.5 US dollars. Both investment ratings are "outperforming the market". CITIC Securities is optimistic about Bilibili because it has a sticky user base, a vibrant ecosystem, and huge profit potential.