HK Stock Market Move | NEWBORNTOWN (09911) has risen by over 6% in recent days after the company was included in the Hang Seng Composite Index. Last year's revenue growth met market expectations.

date
09:53 23/02/2026
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GMT Eight
Techjoyful (09911) rose more than 6%, as of press time, rose 5.14%, closing at 10.23 Hong Kong dollars, with a turnover of 13.6524 million Hong Kong dollars.
NEWBORNTOWN (09911) rose more than 6%, as of the time of writing, it has risen by 5.14%, to 10.23 Hong Kong dollars, with a turnover of 1365.24 million Hong Kong dollars. On the news front, on February 13, Hang Seng Index Company announced the quarterly review results of the Hang Seng Index Series up to December 31, 2025, and NEWBORNTOWN was included in the Hang Seng Composite Index. The changes will be implemented after the market closes on March 6, 2026 (Friday) and will take effect starting from March 9, 2026 (Monday). At that time, the Shanghai and Shenzhen Stock Exchanges will adjust the scope of eligible investments for the Hong Kong Stock Connect accordingly. According to CICC research report, NEWBORNTOWN may be included in the Hong Kong Stock Connect, as it meets a series of criteria including market value, liquidity, and listing time. Lion announced in a research report that NEWBORNTOWN released stable operational and revenue data for 2025. The company's total revenue grew from 32.8% to 37.5% year-on-year, with the median value of 35.5% in line with market consensus and the bank's expectations. The bank pointed out that the company's social network revenue in the fourth quarter increased by 26% year-on-year to 1.72 billion yuan, mainly benefiting from the robust growth of diversified social products (monthly active users increased by 11% to 35 million) and the application of AI tools. The median value of revenue from innovative businesses in the fourth quarter increased by 40% year-on-year to 210 million yuan, mainly driven by flow redirection, e-commerce, and short film businesses.