Hello Group Likely Maintain Rapid Overseas Revenue Growth in 2H -- Market Talk
Dow Jones
Yesterday
0447 GMT - Chinese social media company Hello Group is likely to maintain rapid overseas revenue growth in 2H, according to Deutsche Bank Research analyst Leo Chiang in a commentary. The company's overseas revenue maintained its strong momentum in 2Q, driven by steady growth of products including Soulchill, a voice-based social app, Chiang notes. Growth is likely to decelerate slightly in 3Q on the back of an intentionally slower marking pace, and re-accelerate as results-driven optimization measures take effect, DB notes, citing management's remarks. DB raises the target price of its ADRs to $10.50 from $10.00. Its ADRs were last traded at $7.62. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
September 16, 2025 00:47 ET (04:47 GMT)
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