HK Stock Market Move | DUIBA (01753) surged over 16% in the afternoon; the user base for short drama videos has exceeded 400 million, and the company is building a full-chain AI short drama business.

DUIBA (01753) rose over 16% in the afternoon. As of press time, it was up 16.02% at HK$1.05, with a turnover of HK$9.6688 million. On the news front, QuestMobile data shows that in September, the top three apps within ByteDance Group became Douyin, Hongguo Free Short Drama, and Doubao, with deduplicated total user bases of 1.029 billion, 430 million, and 419 million, respectively, with Hongguo having surpassed Doubao; the short drama video user base grew from 10 million to 400 million in less than 3 years, with a compound annual growth rate of 443.1%. Public information shows that DUIBA officially launched its AI short drama business in January 2026, building a full-chain AI workflow to achieve efficient hit production and diluted unit costs, while continuously accumulating AI experience. Strategically, domestically it is building an APP short drama alliance, leveraging existing short drama content, enterprise clients, and APP channels to operate short drama channels and participate in revenue sharing; overseas, local dramas have been released on TikTok and YouTube, and a self-developed overseas theater App is planned to launch in the fourth quarter; on WeChat Green Bubble, the company has already begun operations and is supporting it with WeChat Channels traffic investment and heating, with significant growth.