Ninebot wealth (09636) rose more than 5%, as of publication, up 5.23% to HKD 9.46, with a turnover of HKD 2.1473 million.
According to the Smart Finance app, Ninebot Wealth (09636) rose more than 5%, with a 5.23% increase to HKD 9.46 and a turnover of HKD 2.1473 million as of publication.
On the news front, with the revolutionary changes brought about by artificial intelligence technology in various industries, Ninebot Wealth attaches great importance to the investment and construction of AI technology. Last year, it officially launched the intelligent investment adviser digital person "Jiu Ge." Institutions indicate that it can process rich financial category data in real-time and assist in investment and research analysis, firmly grasping the opportunities of the AI era. In addition, since the announcement of share repurchase on March 26, 2024, as of June 13, Ninebot Wealth has actively executed 39 batches of repurchases, repurchasing a total of 17.73 million shares.
Open Source Securities pointed out that the company is a leader in the online investor content service market, mainly providing high-end investment education and financial information software services for the general affluent population. Despite market volatility in 2023, the company's revenue still achieved stable growth, with a YoY growth of 17.9% in orders on hand, laying a foundation for future revenue growth. The company has established the Jiu Fang Financial Research Institute to be responsible for investment research work, empowering product with high-quality investment research content, laying a foundation for subsequent product services and traffic operations.