China approved over 100 domestic games for 2nd straight month, analysts expect gaming sector recovery in Q4
$TENCENT (00700.HK)$ $Tencent (TCEHY.US)$ $NetEase (NTES.US)$ $NTES-S (09999.HK)$ $Bilibili (BILI.US)$ $BILIBILI-W (09626.HK)$

Weibo reported Q3 revenue of $464.5 million (approximately 3.294 billion yuan), up 5% YoY. Net profit surged 68.5% YoY to $130.6 million, with diluted earnings per share of $0.50.
$Weibo (WB.US)$ $WB-SW (09898.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$

The escalation of the Russia-Ukraine conflict briefly pushed up safe-haven assets such as the dollar, yen, Swiss franc, and gold. However, U.S. restrained responses cooled sentiment. $Nasdaq Composite Index (.IXIC.US)$ rebounded after a lower open, while $Dow Jones Industrial Average (.DJI.US)$ was the only major U.S. index to close lower. European stocks halved earlier losses. NVIDIA jumped 4.9% ahead of its highly anticipated earnings report, while AMD soared over 31%.
The China ADR Index ...

Good news = bad stock price performance.
You could have made a lot of money with put options. 😂
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$Weibo (WB.US)$
Weibo Announces Third Quarter 2024 Unaudited Financial Results
Third Quarter 2024 Highlights
• Net revenues were US$464.5 million, an increase of 5% year-over-year or an increase of 3% year-over-year on a constant currency basis [1].
• Advertising and marketing revenues were US$398.6 million, an increase of 2% year-over-year or flat year-over-year on a constant currency basis [1].
• Value-added services ("VAS") revenues were US$65.9 million, an increase of 25% year-over-...

$Bilibili (BILI.US)$ hopefully wont drop to like 16

$Bilibili (BILI.US)$
Revenue beat 2.8% but sliding like hell. Any reason?

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