HK Stock Market Move | IDREAMSKY (01119) is now up more than 4% as the company has completed the deployment of DeepSeek after announcing a plan for a HK$200 million stock buyback program earlier.

date
07/02/2025
avatar
GMT Eight
IDREAMSKY (01119) is currently up more than 4%, rising by 3.75% to 1.66 Hong Kong dollars as of the time of writing, with a trading volume of 27.5626 million Hong Kong dollars. In terms of news, IDREAMSKY continues to advance its AI technology strategic layout. The company recently announced the deployment of DeepSeek. With the dual drive of "AI+ games" and "AI+ platforms," it has built a differentiated advantage in the ecological construction of the Fanbook platform, the research and development of AI NPCs in "Kala Biqiu," AI emotional companionship, and internal cost reduction and efficiency improvement. This may leverage the AI technology wave to achieve a new round of value leap. It is worth noting that on January 6, the company announced a plan for share repurchases of up to 200 million Hong Kong dollars. Open Source Securities pointed out that the company's current financial and business conditions are good, with sufficient financial resources enabling the company to maintain rapid growth of the group's business while carrying out the share repurchase plan. The repurchase of company shares is expected to enhance shareholder value, thereby increasing shareholder returns. "Kara Biqu" PC performance overseas is impressive and has the potential to become a global esports game, bringing performance elasticity.

Contact: contact@gmteight.com