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[Hong Kong stock price setback] May 24alienworldsblockchaingame, Beili Beili (9626alienworldsblockchaingame.HK)'s share price fell more than 12% after opening, hitting HK$105.30.
[U.S. stocks fell quickly] In the U.S. stock market overnight, BILI.US's share price closed down 12.37% to close at US$13.74, equivalent to HK$105.8 for Hong Kong stocks at current exchange rates.
[Financial report shows revenue growth] The latest financial report disclosed that the company's revenue in the first quarter reached 5.66 billion yuan, an increase of 12% over the same period last year, in line with market expectations of 5.6 billion yuan.
[Adjusted net loss decreased significantly] The company's adjusted net loss (non-GAAP) for shareholders shrank to 456 million yuan, a significant decrease of 56% compared with 1.031 billion yuan in the same period last year.
[User activity continues to rise] Bibili's financial report also pointed out that driven by diversified content strategies, the number of daily active users increased by 9% year-on-year to 102.4 million. At the same time, the quarterly average monthly active users hit a new peak of 341.5 million, an increase of 8%.