Ge Long Hui·2025-10-31 03:20Core Viewpoint - Bilibili's self-developed mini-game "Escape from Duckkov" has exceeded market expectations by achieving 2 million sales on global PC platforms from October 16 to October 28 [1] Group 1: Game Performance - The game has shown strong performance in the expanding shooting and treasure-hunting game market, attributed to its innovative PvE mode and high interactivity, which enhance the entertainment experience [1] - The report anticipates that Bilibili may introduce official collaboration modes, multi-terminal versions, controller support, and various IP forms, which will further unlock the game's value [1] Group 2: Financial Projections - The successful game is expected to drive a 2% increase in total revenue and a 10% increase in adjusted operating profit for the fourth quarter of 2025 [1] - The target price for Bilibili's H-shares has been raised from 242 HKD to 270 HKD, and the target price for its US shares has been increased from 31 USD to 35 USD, with a "Buy" rating maintained [1]