News Snapshot:
J.P. Morgan has put Bilibili (NASDAQ:BILI) on its positive catalyst watch as a quiet Q1 for game debuts heads into a heavier launch cycle. The company launched zero games in the first quarter, but it's likely to put out nine games in the second quarter, which should drive a "positive share price reaction," analyst Daniel Chen suggests. China recently issued its list of dozes of game approvals, now a regular occurrence after a lengthy pause on such approvals, and Bilibili (BILI) received a license OK for highly anticipated simulation game Pretty Derby, Chen noted. That's one of three games set...
