HK Stock Market Move | DUIBA (01753) opens over 8% higher; the company expects its AI short drama business to achieve net profit for three consecutive months.
DUIBA (01753) opened over 8% higher. As of press time, it was up 8.33% at HK$0.52, with a turnover of HK$233,600.
DUIBA (01753) opened over 8% higher. As of press time, it was up 8.33% at HK$0.52, with a turnover of HK$233,600.
On the news front, DUIBA disclosed the third-quarter performance of its AI short drama business. Based on the management's preliminary assessment of the unaudited consolidated management accounts for the nine months ended September 30, 2026, the DUIBAAI short drama business is expected to record a net profit for three consecutive months in July, August, and September, a significant improvement from its operating performance in the first half of the year, officially moving from the investment phase into the harvest phase.
On an all-platform basis, the newly added views in each month of Q3 exceeded 6.8 billion, 12.6 billion, and 26.4 billion, respectively, with total new additions exceeding 45.8 billion, more than 9 times the first-half total (over 5 billion); the number of new hit titles with over 100 million views in a single month was 22, 25, and 32, while those with over 10 million views were 89, 155, and 172; the average hit rate for titles with over 100 million views in Q3 was about 4.6%, reaching a single-month high of 5.7%, significantly above the industry average.
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