Daiwa: Believes that the stock price of Bilibili will rise in the next 30 days, positive reaction brought by the buyback plan.

Morgan Stanley released a research report stating that they believe the stock price of Bilibili-W will increase in absolute value in the next 30 days, with an estimated probability of over 80% ("highly likely"). This is mainly due to the company's announcement of a new share buyback plan, which will repurchase up to $300 million worth of shares in the next 24 months, approximately 4.5% of its market value. The buyback will be conducted through open market purchases, block trades, or other permitted methods. The bank pointed out that although Bilibili-W's fundamentals are solid, the stock price has fallen in the past month due to market concerns about Tencent Holdings reducing its stake, and they expect the stock price to respond positively to this buyback plan.