I wouldn't call -11% a plunge

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Lolagogogo
2024-10-04

I wouldn't call -11% a plunge since it recently went up 80% in 6 trading days. And it's now back up 5% in post market.😁

Stock Track | Bilibili Shares Plunge Over 11% as U.S.-Listed Chinese Stocks Retreat

Shares of Bilibili Inc., a popular Chinese video-sharing and entertainment platform, plummeted by 11.26% on October 3, 2024, joining a broader sell-off in U.S.-listed Chinese stocks. The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts .The sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally drive

Stock Track | Bilibili Shares Plunge Over 11% as U.S.-Listed Chinese Stocks Retreat

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And&nbsp;it's now back up 5% in post market.😁</p></body></html>","text":"I wouldn't call -11% a plunge since it recently went up 80% in 6 trading days. And it's now back up 5% in post market.😁","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/356349585780920","repostId":1177641176,"repostType":2,"repost":{"id":"1177641176","kind":"news","weMediaInfo":{"introduction":"Track stock‘s movements and relevant news","home_visible":1,"media_name":"Stock Track","id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"pubTimestamp":1728007301,"share":"https://ttm.financial/m/news/1177641176?lang=en_US&edition=fundamental","pubTime":"2024-10-04 10:01","market":"us","language":"en","title":"Stock Track | Bilibili Shares Plunge Over 11% as U.S.-Listed Chinese Stocks Retreat","url":"https://stock-news.laohu8.com/highlight/detail?id=1177641176","media":"Stock Track","summary":"Shares of Bilibili Inc., a popular Chinese video-sharing and entertainment platform, plummeted by 11.26% on October 3, 2024, joining a broader sell-off in U.S.-listed Chinese stocks. 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The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts (ADRs).</p>\n\n<p>The sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally driven by China's stimulus measures. Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.</p>\n\n<p>While the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. 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The sharp decline came after a recent surge fueled by China's economic stimulus measures, as investors reassessed the valuations of these Chinese American Depositary Receipts (ADRs).\nThe sell-off in Bilibili's shares mirrored the movement in Hong Kong stocks, which fell on Thursday after taking a pause from the rally driven by China's stimulus measures. Other notable Chinese companies, including e-commerce giants Alibaba and JD.com, gaming and social media firms like Tencent Music Entertainment Group and Weibo, as well as electric vehicle maker Nio, also experienced pre-market declines ranging from 2.9% to 6.2%.\nWhile the recent stimulus measures had initially boosted Chinese stocks, investors appear to be taking profits and reevaluating the valuations of these companies. 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