US Stock Market Move | Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rose more than 4%, while Hong Kong stocks rose by 1.13% today.

date
17/09/2024
avatar
GMT Eight
On Tuesday, Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rose more than 4%, closing at $15.325. Bilibili, Inc. Sponsored ADR Class Z in Hong Kong also saw a 1.13% increase, closing at 116.2 Hong Kong dollars. In terms of news, a report from CMSC International stated that the stock prices of leading internet platforms in mainland China have shown resilience recently, attributing this to improvements in the competitive environment and enhanced profit prospects. The firm has designated Bilibili, Inc. Sponsored ADR Class Z as one of the preferred choices in the industry, giving it a "hold" rating with a target price of $21.

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