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Hong Kong shares hit 7-week low on missing Q3 estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2483398857","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483398857?lang=en_us&edition=fundamental","pubTime":"2024-11-15 10:42","pubTimestamp":1731638523,"startTime":"0","endTime":"0","summary":"** Hong Kong shares of Bilibili 9626.HK drop 13.5% to HK$140.5 after the mobile gaming company missed Q3 earnings estimates. ** Stock hits lowest level since Sept. 25, top pct loser in Hang Seng Tech Index .HSTECH which climbs 0.6%** U.S.-listed stock BILI.O fell 12.6% on Thursday** Bilibili reports Q3 adjusted EPS at 0.57 yuan , below estimates of 0.61 yuan, according to data compiled by LSEG** Cost of revenues grew 9% YoY to 4.76 bln yuan, while Q3 advertising revenue missed estimates** Zephirin Group reiterates \"Strong Sell\" rating and trims price objective to HK$95 from HK$90, saying it sees negatives including high cost, cautious industry outlook and regulatory oversight** Citi, with \"Neutral/High Risk\" rating, says the results are decent with beat on gaming revs and non-GAAP OPM** \"With revs mix shifting toward ads and gaming, the expansion of GPM and non-GAAP OPM looks solid and is likely to continue ahead\"** Hong Kong shares up 57.5% YTD  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