HK Stock Market Move | VIRTUAL MIND (01520) rose more than 9% during trading, the company is implementing a dual strategy of "IP + intelligent manufacturing" to create long-term growth value space.

VIRTUAL MIND (01520) rose by over 9% during trading hours, reaching a 9.32% increase at the time of publication, with a price of 1.29 Hong Kong dollars and a trading volume of 2.9664 million Hong Kong dollars. On the news front, this year, the highly recognizable Chinese toy IP "LABUBU" has rapidly gained popularity overseas, driving the stock prices of related listed companies to new highs and attracting continuous market attention to the concept of IP economy. The company is focusing on IP digitalization, IP merchandise trading, and IP community operations, leveraging existing IP resources to gradually build a global digital asset IP chain. In addition, VIRTUAL MIND recently announced a strategic cooperation with Iflytek Co., Ltd. and the Saudi Ministry of Industry and Mining, extending the company's consumer-level IP business to a broader industrial context and opening up a second growth curve in the smart manufacturing sector. In the article "From IP to Intelligent Manufacturing, VIRTUAL MIND (01520) Opens High-Growth Channel with Double-Drive Strategy", it mentions VIRTUAL MIND's forward-looking strategy to build a "smart consumption + smart manufacturing" double-drive strategy: on the one hand, deepening the value of IP ecosystem through artificial intelligence, digitalization, and blockchain technology to explore incremental space in existing businesses; on the other hand, extending the business to the industrial sector, using cutting-edge technology to help the manufacturing industry upgrade intelligently and expand globally. This strategy not only echoes the trend of deep integration of digital economy and real economy but also opens up broader long-term growth channels for the company.