Bilibili rose more than 20% this week! UBS: bullish! Increase! Bilibili rose 6.39%, expanding to 23.15% this week, with the latest closing price at $18.140. UBS has released a research report pointing out that the new Bilibili game "Three Kingdoms: Plan the World" has performed very strongly since its launch, maintaining the third place in total revenue on the iOS platform for most of the first week, greatly exceeding market expectations. It is predicted that the daily revenue of "Three Kingdoms: Plan the World" can reach 30 to 50 million yuan, and according to this trend, the revenue in the first month is expected to exceed 1 billion yuan. UBS reiterated its "buy" rating on Bilibili, with the US stock target price rising from $18 to $24. It predicts that the new game will have a significant driving effect on its gaming business, with an estimated profit margin of 35% to 40%. Currently, it predicts that Bilibili's net loss for 2024 will narrow, with a loss per share adjusted from $1.22 to $0.92, and a 25% and 15% increase in earnings per share for 2025 and 2026, respectively.