Movement Alert|MOBVISTA Rises 5.16% in Regular Trading, 14 Consecutive Buyback Days Combined with Strong Interim Results

Market Focus09-18 13:30

On September 18, MOBVISTA rose 5.16% in regular trading, trading at 11.83 HKD/share, with turnover of approximately 141 million HKD. The rally was driven by sustained share buyback momentum and robust first-half earnings.

On the buyback front, MOBVISTA has conducted share repurchases for 14 consecutive trading days since August 26, accumulating approximately 6.974 million shares at a total cost exceeding 70.69 million HKD, signaling strong management confidence in the company's intrinsic value.

On the earnings front, the company reported H1 revenue of 1.156 billion USD, up 23.2% year-over-year, with adjusted net profit of 52.11 million USD, up 39.5%. Core platform Mintegral generated 1.115 billion USD in revenue, growing 24.3%, with AI-powered smart bidding contributing over 90% of Mintegral revenue. Gaming revenue reached 843 million USD, up 27.5%, while non-gaming revenue grew 15.5%. Guohai Securities maintained a Buy rating, citing AI-driven operational efficiency gains. Everbright Securities also maintained a Buy rating, noting new AI infrastructure expected to go fully live in October, potentially catalyzing further revenue growth.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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