BATRK - Rebound Asian stocks pace weekly Communications gainers

Relatively volatile Asian stocks again took a place among the Communication Services weekly gainers/losers - this time on the gainers side as the stocks tended to find buyers in a positive week for the sector. Communications Services rose 1% as a group for the week, roughly in the middle of the pack among sectors but continuing their YTD gains. And gainers among large caps were led by online-entertainment name Bilibili (NASDAQ:BILI), which added another 14% to last week's gains of 13%. It was a beneficiary of more upbeat headlines throughout the week, including a positive earnings report from NetEase (NASDAQ:NTES). Weibo (NASDAQ:WB) also was a top gainer, up 10.7% for the week. It made a significant part of that move on Wednesday after Alibaba's Ant Group took steps toward a joint venture that would ease a path toward going public in the United States. And Singapore's digital-entertainment name Sea Limited (NYSE:SE)

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Rebound Asian stocks pace weekly Communications gainers