HK Stock Market Move | DUIBA (01753) surges over 25% again, up more than 8x cumulatively since late August; the company continues to advance the implementation of a full-chain industrialized system for AI short dramas.

DUIBA (01753) surged over 25% again and has risen more than 8x cumulatively since August 24. As of press time, it is up 23.30% at HK$1.27, with turnover of HK$40.0132 million. On the news front, on November 4, according to Star Market Daily, the popularity of Chinese micro short dramas going overseas continues to climb, ushering in a highlight moment of global development, and the Hanyu Pinyin word "duanju" has become a dedicated English word specifically used to refer to micro short dramas. In addition, data shows that among the top ten paid overseas short drama apps, Chinese companies hold 9 spots, with active users exceeding 150 million, making it another Chinese content track that has become popular globally. It is worth noting that DUIBA has built a complete business loop of "content generation - distribution and monetization - iterative optimization." The AI short drama business recorded net profit for three consecutive months in July, August, and September, and in the third quarter, new playback volume across the entire network exceeded 45.8 billion views, more than nine times the 5 billion views accumulated in the first half of the year. The company previously said it will continue to advance the implementation of a full-chain industrialized system for AI short dramas, consolidate its core market advantages, and at the same time advance the layout of its overseas AI short drama business.