JPMorgan: Reiterates Bilibili-W (09626) as top pick in digital entertainment, rating "Overweight"
Zhito Finance APP has learned that JPMorgan issued a research report stating that the global launch performance of Bilibili-W (09626)'s Lumi Master is in line with expectations, and it believes the game is on track to reach an estimated full-year gross transaction volume of RMB 1 billion to 1.5 billion. It reiterates the stock as its top pick in the digital entertainment sector and advises investors to gradually accumulate shares during the recent stock price weakness, with an "Overweight" rating.
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