Express News | Li Qiang emphasized during his research in Beijing to promote the deep integration of artificial intelligence and advanced manufacturing, and accelerate the cultivation of new drivers and advantages for economic development.
BOCI International: Concerns over Tencent's potential stake reduction caused a decline in Bilibili's (09626.HK) share price, but profitability is still expected to sustain growth.
BOCI Research issued a report stating that Bilibili-W (09626.HK) recently experienced a decline in its stock price, attributing market concerns primarily to the potential risk of Tencent's share reduction. This is due to Tencent’s repeated statements about accelerating the management of its extensive investment portfolio to support increased AI investments and ongoing share repurchase initiatives. As of the end of March, Tencent held a 10.5% stake in Bilibili, maintaining a stable position of approximately 43.75 million shares since 2019. While it is difficult to predict the timing of Tencent’s potential share reduction, the firm believes that Bilibili will leverage its healthy user growth momentum within its AI-empowered content and commercial ecosystem.
Preview of Key News for Hong Kong Stocks This Week: Earnings Releases from Star Companies Including Baidu, Market Awaits NVIDIA's Financial Report
①Which key highlights should be focused on as Baidu and other companies release their earnings? ②The market is awaiting NVIDIA's financial report; how high are the expectations?
Key Events Reminder for Next Week
Gelonghui, May 17th | Putin to visit China on the 19th and 20th; a series of key economic data for China in April to be released; NVIDIA, Baidu, Bilibili among others to disclose earnings reports; Google I/O 2026 conference to take place with market expecting the release of Gemini 3/4.0 models and AI glasses, AMD Developer Day to occur concurrently. Additionally, Samsung union's 18-day strike may commence, SpaceX Starship V3 aims for its maiden flight, and Shenzhou-23 is scheduled for launch soon. On May 18th (Monday): 09:30 China's housing prices across 70 cities; 10:00 China's industrial growth above designated size for April.
Key events next week: Putin's visit to China, NVIDIA earnings report, Google I/O conference, and China's economic data
Putin will visit China on the 19th and 20th, with China releasing economic data for April, including industrial production and consumption. In terms of earnings reports, NVIDIA, Baidu, and Bilibili are among those disclosing results, with AI computing power demand being a key focus. In the industry sector, the Google I/O 2026 conference will be held, with expectations that new Gemini 3/4.0 models and AI glasses will be announced; AMD Developer Day will take place concurrently. Additionally, Samsung's labor union may initiate an 18-day strike, SpaceX’s Starship V3 is making a final push for its maiden flight, and the Shenzhou-23 mission is planned for launch in the near future.
The Chinese Academy of Sciences held its 2026 Public Science Day, exclusively live-streamed on Bilibili.
Sina Tech News, May 16th, in the afternoon - The 22nd Public Science Day of the Chinese Academy of Sciences was held across more than a hundred institutes nationwide on May 16th to 17th. Bilibili (hereinafter referred to as “B Station”) served as the exclusive video platform partner for the Public Science Day. As one of the largest knowledge-sharing communities in China, B Station has gathered over 600 university professors and experts and scholars in recent years, including several academicians of the two academies. Data shows that last year, 230 million users studied professional knowledge on B Station.