HK Stock Market Move | NEWBORNTOWN (09911) rises by more than 9%, and the flagship products SUGO and TopTop continue to deepen their global expansion.

NEWBORNTOWN (09911) rose by more than 9%, as of press time, up by 8.85%, at 10.45 Hong Kong dollars, with a turnover of 1.1 billion Hong Kong dollars. On the news front, NEWBORNTOWN's annual performance showed that the full-year revenue reached 6.89 billion yuan, an increase of 35.3% year-on-year; net profit attributable to shareholders was 930 million yuan, a significant increase of 94.6% year-on-year. The performance growth was due to the stable profits contributed by the continued globalization of SUGO and TopTop; innovative businesses quickly gaining momentum with games and short videos; AI tools being implemented to improve efficiency. Huatai pointed out that the company's social business is expected to continue to remain profitable under the drive of SUGO and TopTop in 2026, as investment in innovative business increases, preparing for medium to long-term development. The company's continuous growth space as a leading player in the outbound entertainment social sector is promising. Western highlighted that the company is seizing the secular dividend in the Middle East market, continuing to deepen its presence through the "bush" localization strategy, with products such as SUGO and TopTop quickly gaining momentum, along with new products in continuous incubation, expected to maintain rapid growth.