HK Stock Market Move | MOBVISTA (01860) rises by more than 5% again, breaking through the top. The company's first half performance is impressive, and institutions are optimistic about Mintegral's continued contribution to revenue growth.

MOBVISTA (01860) rose by more than 5%, reaching a high of 17.37 Hong Kong dollars, hitting a historical high during trading hours. As of the time of writing, it rose by 5.04% to 16.66 Hong Kong dollars, with a trading volume of 5.96 billion Hong Kong dollars. On the news front, MOBVISTA achieved a revenue of 9.38 billion US dollars in the first half of the year, a significant increase of 47% year-on-year; adjusted EBITDA reached 88.681 million US dollars, a year-on-year increase of 41%. During the reporting period, Mintegral achieved a revenue of 8.97 billion US dollars, a year-on-year increase of 48.6%, with the gaming category performing well and generating a revenue of 6.62 billion US dollars, a significant increase of 51.7% year-on-year, while the non-gaming vertical category generated a revenue of 2.36 billion US dollars, accounting for 26% of Mintegral's revenue. An open-source securities research report pointed out that the company's significant revenue growth and substantial increase in net profit margin in the first half of the year were mainly due to the continuous iteration of the AI-driven intelligent bidding system, the strengthening of the company's flywheel effect, and the further demonstration of the scale effect. Based on the company's volume expansion of the intelligent bidding system and the expansion of non-gaming vertical categories, the bank raised its profit forecast for 2025-2026 and added a new profit forecast for 2027. It is optimistic about Mintegral's continued contribution to revenue growth.