HK Stock Market Move | BAIOO (02100) rose nearly 6% as the company solidifies its core IP competitive advantage and continues to explore AI technology to empower product research and development.

BAIOO (02100) rose nearly 6%, as of the time of publication, it was up 5.97% to HKD 0.355, with a trading volume of HKD 1.3311 million. On the news front, on February 21st, BAIOO announced the launch of the 3.8 Spring Limited Edition version of its mobile game "Obi Island: Dream Country" - "Space Garden". This version will feature spring-themed clothing & furniture, Tarot series Obi Island life, and a new limited-time pet "Spring Deer", among other content. BAIOO previously mentioned that the company's core gaming products have stable and outstanding operations, with their self-developed classic IPs "Oqi Legend" and "Obi Island" showing strong vitality. The "Oqi Legend" web game, which has been in operation for over 12 years, continues to perform well, and the "Oqi Legend" mobile game, which has been online for 3 years, maintains a stable level of activity. Huaxin Securities pointed out that the company is solidifying its core IP competitive advantage, continuously exploring AI technology to empower product development, and accelerating its international market layout. According to the company's previous disclosure, in the third quarter of 2024, the quarterly active accounts reached 7.4 million, up 32.1% from the previous quarter. Quarterly paying accounts were 900,000, up 12.5% from the previous quarter. The quarter-over-quarter increase in active accounts and paying accounts was mainly due to the launch of "Food Language Companion Edition" and the excellent operation of existing games, which are loved and recognized by users, with high user engagement. The average revenue per paying account for the quarter was RMB 162.6, up 2.2% from the previous quarter, mainly due to the continuous content innovation and optimization of user experience in the company's existing games, providing rich and diverse game content and differentiated gameplay to meet user needs, and the continuous improvement in user willingness to pay.