HK Stock Market Move | MOBVISTA(01860) rose over 12% in intraday trading, and plans to announce its performance at the end of this month. Mintegral is the company's core growth engine.

MOBVISTA (01860) rallied more than 12% in intraday trading, with the stock price rising by over 1.2 times since July. As of the time of this report, it has increased by 12.02%, reaching HK$15.75, with a trading volume of HK$4.99 billion. On the news front, MOBVISTA (01860) is planning to hold a board meeting on August 29 to consider and approve its interim performance. According to the latest performance data from mobile app advertising platform Applovin, the company's revenue in the second quarter was $1.259 billion, a 77% year-on-year increase, surpassing market expectations; net profit was $820 million, soaring by 164% year-on-year; adjusted EBITDA was $1.018 billion, a 99% year-on-year increase; adjusted earnings per share were $2.39, exceeding market expectations of $2.32. Zhongjin pointed out that AI has become the core engine of industry innovation. The positive cycle of "computing power-model-application-data" has clearly formed, and looking forward to the second half of 2025, generative AI technology is expected to deepen penetration, improve industry supply competition and accelerate domestic substitution, jointly constructing growth momentum for the semiconductor and component industry. It is worth mentioning that earlier, MOBVISTA announced its inclusion in the 2025 Fortune Southeast Asia 500 list, ranking 208th. Continuous investment in AI and machine learning is the core driving force behind MOBVISTA's growth. Its programmatic interactive advertising platform Mintegral, as the company's core growth engine, performed exceptionally well in 2024, with revenue reaching $1.44 billion, a 47.2% year-on-year increase, with smart bidding products contributing over 70% of total revenue. In addition, the company's diversified vertical strategy has shown significant effects, with revenue from Mintegral's gaming business reaching $1.04 billion in 2024, a 37.0% year-on-year increase; non-gaming business revenue was $403.3 million, a staggering 82.0% increase.