On the morning of March 11th, Bilibili Hong Kong stocks rose 12.23%. On the news front, the company recently disclosed its financial reports for the fourth quarter and full year of 2023, with a total revenue of 6.35 billion yuan in the fourth quarter. The gross profit margin increased to 26.1% month on month for six consecutive quarters, and the adjusted net loss significantly narrowed by 58% year-on-year. In the fourth quarter, the net operating cash inflow was 640 million yuan, and a positive operating cash flow was achieved for the whole year.