HK Stock Market Move | INKEVERSE (03700) rose by over 35% on significant volume increase. Annual profits saw a significant growth as the company clearly adjusts its focus on business development.
Cosmic Imaging (03700) rose over 35% in the early trading session, as of the time of writing, it has risen by 20.55% to 0.88 Hong Kong dollars, with a trading volume of 2.28 billion Hong Kong dollars.
INKEVERSE (03700) rose more than 35% in early trading, as of press time, up 20.55% to HKD 0.88, with a turnover of HKD 2.28 billion.
On the news front, INKEVERSE's 2025 annual performance showed a full-year operating profit of HKD 4.12 billion, up 87% year-on-year, with a net adjusted profit of HKD 2.92 billion, up 24.5% year-on-year; with a profit of HKD 2.8 billion for the year, up 29.7% year-on-year. The significant increase in net profit is mainly due to investment income.
It is worth noting that INKEVERSE has clearly defined three core directions for the future: first, focusing on improving the quality of the core business of live social networking, and building a long-term healthy ecosystem; second, deepening cultivation in overseas diversified markets, consolidating the core market in Southeast Asia while exploring high-potential regions such as the Middle East and North Africa; and third, strengthening forward-looking technological empowerment, with a focus on deploying Generative AI and Web3.0, advancing the integration of technology with business scenarios, and building long-term competitive barriers.
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