HK Stock Market Move | VOBILE GROUP (03738) rose over 9% again, with a cumulative increase of over 40% in the past six days. The AI content creation platform has entered the commercialization stage.
Fubao Group (03738) rose over 9% again, with a cumulative increase of more than 40% over the past six trading days. As of publication, it has risen 7.18%, trading at HKD 3.28, with a transaction volume of HKD 128 million.
VOBILE GROUP (03738) has risen over 9% again, with a cumulative increase of over 40% in the past six trading days. As of the time of writing, it is up 7.18%, priced at HKD 3.28, with a transaction volume of HKD 128 million.
On the news front, in the first half of this year, VOBILE GROUP achieved an operating revenue of HKD 1.805 billion, a year-on-year increase of 24%; profit of HKD 195 million, a year-on-year increase of 92.7%; adjusted net profit of HKD 194 million, a year-on-year increase of 60.3%; and a net profit margin of 10.8%, significantly up nearly 4 percentage points compared to 7% in the same period last year. The profit growth rate has significantly outpaced the revenue growth rate.
It is noteworthy that during the reporting period, AI-related revenue driven by the DreamMaker and MAX platforms was generated for the first time, mainly consisting of revenue from the platforms computing power services used by creators calling on multimodal models, as well as monetization revenue generated from asset rights and management by Vobile, marking the early commercialization phase of the Group's AI creation platform from product development and user validation. This related revenue is still in its early stages, and the Group will continue to improve the creator ecosystem, model supply, and commercialization capabilities.
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