HK Stock Market Move | MOBVISTA (01860) rose by more than 8% as institutions see the potential of AI programmatic advertising as a blue ocean racing track.

MOBVISTA (01860) rose by more than 8%, with an increase of 7.71% to HK$16.63 as of the time of writing, with a trading volume of HK$451 million. In terms of news, Orient's research report pointed out that MOBVISTA is a leading domestic programmatic advertising company, ranking among the top three globally in terms of scale and strength. The bank is optimistic about the potential of AI programmatic advertising as a blue ocean track, as well as the growth potential of the company driven by its data-algorithm flywheel. Open-source Securities had previously issued a research report stating that the company's scale effect is gradually showing, with a significant improvement in profitability. The bank is optimistic about the performance driven by AI being released quarter by quarter, and maintains a "buy" rating.