Zhi Tong Cai Jing·2025-09-10 06:43Core Viewpoint - Bilibili-W (09626) has seen a significant stock price increase of over 7%, currently trading at 198.9 HKD with a transaction volume of 2.25 billion HKD, following the news of a key executive joining the company [1] Group 1: Executive Changes - Zhang Di, former Vice President of Kuaishou and head of the AI division, has recently joined Bilibili as the head of the technology line, bringing extensive experience from Alibaba and Kuaishou [1] Group 2: Financial Performance - In the first half of the year, Bilibili achieved a revenue of 14.341 billion CNY, representing a year-on-year growth of 22% [1] - The company turned a profit with a net profit attributable to shareholders of 210 million CNY [1] Group 3: User Growth and Engagement - Bilibili's monthly active users (MAU) and daily active users (DAU) reached 365 million and 108 million respectively, showing year-on-year growth of 8% and 6% [1] Group 4: Market Outlook - Guosen Securities highlights Bilibili's significant community and user advantages, noting that the company is still in the early stages of commercialization, with promising growth potential in gaming, advertising, and value-added services driven by new technologies like AI [1] - The company is expected to achieve profitability by 2025, with current market capitalization and valuation showing good upward elasticity, indicating a positive long-term development outlook [1]