Abnormal movement in US stocks | Bilibili (BILI.US) rose more than 6.8%, Hong Kong stocks closed up 7.39% today

date
14/08/2025
According to the Securities Times app, on Wednesday, the stock price of Bilibili (BILI.US) rose, with the stock up over 6.8% to $24.43 as of the time of writing. Bilibili's Hong Kong stock also closed up 7.39% today. News-wise, PricewaterhouseCoopers released a summary of the "Global Entertainment and Media Industry Outlook 2025-2029" for China, predicting that by 2029, the total revenue of the entertainment and media industry in China will be approximately $561 billion, accounting for 16% of the global market. The compound annual growth rate of the Chinese entertainment and media industry market from 2024 to 2029 is 4.5%, higher than the global rate of 3.7%. Mixed reality (VR, AR, metaverse), internet advertising, and movies are still maintaining high growth rates.