HSBC upgraded Bilibili (NASDAQ:BILI) to Buy from Hold in a note on Wednesday, citing a stronger outlook in gaming, advertising, and profitability, along with an undemanding valuation.

LONDON, UNITED KINGDOM - 2025/04/04: General view of HSBC headquarters in Canary Wharf. (Photo by ... More Vuk Valcic/SOPA Images/LightRocket via Getty Images) HSBC’s stock (NYSE: HSBC ...