HK Stock Movement | MOBVISTA (01860) Rises Over 5% as AI Applications Set to Accelerate; Institutions Bullish on Rapid Growth of AI Advertising Market

Stock News
Nov 10

MOBVISTA (01860) surged more than 5%, reaching HK$18.25 by the time of writing, with a trading volume of HK$212 million. The rally follows recent policy support, as the State Council issued guidelines on November 7 to accelerate the cultivation and adoption of new AI scenarios, emphasizing breakthroughs in core technologies and their practical application.

Kaiyuan Securities noted that global tech giants are ramping up AI investments, while domestic models continue to impress with rapid iterations. The firm highlighted the strong growth of the AI advertising market, citing recent earnings reports from companies like AppLovin, Unity, and BlueFocus, which demonstrate AI's role in boosting ad efficiency and profitability. MOBVISTA is among the top picks in this sector.

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