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Bilibili Hong Kong shares sink to 4-1/2-month low after second-quarter results

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** Hong Kong shares of Chinese video streaming platform Bilibili BILI fall 7.3% to HK$182.4, their lowest since April 7, and on track for the second session of decline

** Stock touches its lowest since August 13

** U.S. stock BILI fell 6.1% on Thursday

** Bilibili said its Q2 revenue up 20% y/y to 7.34 bln yuan ($1.02 bln) with net profit at 218.3 mln yuan, as compared to a net loss last year

** Nomura keeps "Neutral" saying Bilibili's 2Q earnings beat while 2H gaming guidance missed

** Jefferies maintains "Buy" but trims TP to $28 from $29, saying it sees Bilibili's fast online ad growth despite slower games in 2H, estimating mobile games revenue to fall 18% y/y vs prior estimation of 11% y/y decline

** Citi maintains "Neutral", saying 2Q25 revenues in line while adjusted operating profit beat

** Hang Seng Tech Index HHSTECH rises 1.5%, benchmark Hang Seng Index HSI gains 0.5%

** YTD, stock up 29.1%, U.S.-listed shares up 31.2%

($1 = 7.1834 Chinese yuan renminbi)

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