HK Stock Market Move | DUIBA (01753) rises nearly 12%, AI short drama business shows strong growth momentum, talent capital supports AI-driven high-growth strategy.
DUIBA (01753) rose nearly 12%, up 11.9% as of press time, at HK$0.47, with a turnover of HK$3.2494 million.
DUIBA (01753) rose nearly 12%, up 11.9% as of press time, at HK$0.47, with a turnover of HK$3.2494 million.
On the news front, on September 20, DUIBA Group announced that Xiaoliang Holding, owned by the company's founder, intends to inject 120,682,000 shares it holds (approximately 11.21% of total share capital) into the employee incentive platform free of charge. The announcement also made clear that future additional incentives will mainly be used for talent incentives required for the development of AI businesses, including AI short dramas. It is worth noting that AI short dramas are currently the company's high-growth business and a key strategic development direction for the future. Tilting incentive resources toward this field helps clarify the strategic direction, bind core talent, and drive business breakthroughs.
It is understood that since DUIBA launched its AI short drama business in January this year, the business has shown strong growth momentum. Native views on the Douyin platform cumulatively increased 178% from June to August, steadily ranking in the top 4 for three consecutive months, entering the TOP3 in July-August, and becoming the only company among leading players to maintain high growth of more than 50% for two consecutive months. Entering September, it continued to rank 2nd in the latest weekly list, with growth momentum continuing. The semi-annual report shows that the AI short drama business contributed RMB 223 million in revenue in the first half of the year, accounting for 51.2% of the group's total revenue, becoming the largest source of revenue.
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