DUIBA Shares Jump Over 7% in Early Trading as Brokerage Projects Full-Year Revenue of At Least 1.2 Billion Yuan

Deep News10-20 10:26

DUIBA (01753) surged more than 7% in early trading, with the stock up 7.04% as of press time at HK$0.76, on turnover of HK$3.6845 million.

Recently, DUIBA released a voluntary announcement disclosing that its AI short drama business achieved net profit for three consecutive months in July, August, and September, with total new views across all platforms exceeding 45.8 billion in the third quarter, more than nine times the 5 billion total for the first half of the year.

Among these, the number of hit dramas surpassing 100 million views grew from 22 in July to 32 in September, with a peak hit rate above 100 million views reaching 5.7%, compared to an industry average of only about 0.47% — making DUIBA more than 10 times the industry average.

According to a Guosen Securities exchange summary, based on single-month revenue exceeding 100 million yuan in June 2026 and the latest announcement confirming profitability of the AI short drama business in the third quarter, DUIBA is expected to generate no less than 800 million yuan in revenue in the second half of 2026 and no less than 1.2 billion yuan for the full year, with the company expected to break even or turn profitable for the year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment