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Hong Kong Stocks Drop 1.8% In Early Trading
Bilibili's stock rose in pre-market trading as it became the exclusive danmaku video platform for the Year of the Horse Spring Festival Gala.
Gelonghui, February 5th | Bilibili (BILI.US) rose by up to 3.87% in pre-market trading, reaching $30.9 per share. Reports indicate that Bilibili has once again partnered with China Central Television’s “2026 Spring Festival Gala,” becoming the exclusive danmaku video platform for the Year of the Horse Spring Festival Gala. According to media reports, users will be able to watch the live broadcast of the gala on Bilibili during the Lunar New Year's Eve and engage through real-time danmaku interactions. Bilibili stated that this year it will increase its technological investment to ensure a significantly enhanced danmaku experience compared to last year. (Gelonghui)
Express News | Hong Kong-listed star technology stocks have declined for several consecutive days, with Bilibili (09626.HK), Tencent Music (01698.HK), and Kuaishou (01024.HK) all falling by more than 2%. Other stocks, including Alibaba (09988.HK), Tencent (00700.HK), BO
Express News | Information from the Hong Kong Exchange shows that JPMorgan's shareholding in Bilibili-WH shares increased from 16.67% to 17.61% on January 29, with an average purchase price of HKD 277.9360 per share.
AI Chatbot Market Share Battle in the United States: ChatGPT's share drops from 69.1% to 45.3%, Gemini's rises from 14.7% to 25.1%, and Grok's increases from 1.6% to 15.2%.
Data shows that in the past year, despite ChatGPT's absolute user base still growing by 50%, Gemini's growth rate reached 647%. The market exhibits three major trends: competition shifting from a single dominant player to a contest among multiple strong contenders; 20% of users utilizing multiple applications; and products like Claude achieving differentiated competition through user stickiness, with average daily usage duration increasing from 10 minutes to over 30 minutes.
The Nasdaq Composite fell by 1.43%, Walmart's market value surpassed $1 trillion for the first time, and the index for Chinese stocks declined by 0.94%.
All three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 0.34%, the Nasdaq Composite down 1.43%, and the S&P 500 Index down 0.83%. Popular technology stocks fell broadly, with Broadcom dropping over 3%, and Microsoft, NVIDIA, and Meta declining more than 2%. The rare earths concept, non-ferrous metals, and precious metals sectors led gains, with Gold Resource surging over 20%, Southern Copper rising more than 11%, Americas Silver Corporation climbing over 8%, and Pan American Silver gaining over 5%. Application software, cryptocurrencies, and weight-loss drug concept stocks were among the top decliners, with Novo-Nordisk A/S plunging over 14%, Coinbase and Circle both falling over 4%, and Eli Lilly and Co and Pfizer dropping more than 3%. Walmart closed up 2%.