Shares of Bilibili Inc. (BILI) experienced a significant pre-market plummet of 10.43% on Tuesday, as investor sentiment towards Chinese stocks and ADRs trading in the U.S. turned bearish amidst concerns over China's economic outlook.
The sell-off in Bilibili and other Chinese companies was driven by uncertainty surrounding the potential impact of China's recently announced stimulus measures. While China's Politburo vowed to embrace a "moderately loose" monetary policy in 2025, signaling potential interest rate cuts and fiscal expansion, investors await further details on the concrete steps to be taken.
Analysts predict that China may raise its budget deficit to the highest level in three decades and implement significant interest rate cuts in 2023 to support economic growth. However, concerns linger over the effectiveness and timeline of these measures, prompting investors to take profits and unwind bullish bets made during the previous session's rally.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。