Bilibili shares slip in Hong Kong amid growth concerns


Bilibili’s shares fell in early Asian trading Friday, as investors weighed tepid near-term growth prospects even as the company’s bottom line improved in its latest quarterly results.

Bilibili’s Hong Kong-traded shares HK:9626 were 3.3% lower at HK$120.00, bucking a rally in tech stocks in the Asian financial hub. The Hang Seng Tech Index was up 3.9%, while the city’s broader benchmark index HK:HSI was up 2.9%.



Source link