HK Stock Market Move | MOBVISTA (01860) rises by over 20% again. The company has conditionally granted shares to the CEO to strengthen long-term interests binding.

MOBVISTA (01860) rose by over 20% again, with a cumulative increase of over 40% this week. As of the time of writing, it has risen by 17.8% to HK$17.6, with a trading volume of HK$977 million. On the news front, MOBVISTA announced that it has revised its employee stock incentive scheme and granted performance-based incentive shares to the CEO under the new plan. The Board has approved the conditional granting of incentive shares to the company's CEO under the revised RSU plan, with the related issuance of new shares accounting for 4.0% of the company's issued shares as of the announcement date. These shares are strictly tied to service tenure, performance, and market value targets, with tiered assessment thresholds including up to HK$100 billion in market value, and corresponding ownership conditions. All granted shares have a lock-up period of up to 5 years, along with a clawback mechanism, service restrictions, and other binding mechanisms to strengthen long-term interests. It is worth noting that MOBVISTA recently released its annual financial report. The data shows that the Group's operating performance was strong during the reporting period, achieving total revenue of $2.047 billion USD, a year-on-year increase of 35.7%; and adjusted EBITDA reached $191 million USD, a year-on-year increase of 38.1%. The programmatic advertising platform, Mintegral, continued to be the growth engine, with its AI and machine learning-driven intelligent bidding system becoming a core competitive advantage. Mintegral achieved annual revenue of $1.961 billion USD, a year-on-year increase of 35.9%.