Weibo-SW(09898) is now up over 4%, as of press time, up 4.25%, at HK$67.45, with a turnover of 30.098 million Hong Kong dollars.
According to the Wisdom Finance APP, Weibo-SW (09898) is now up more than 4%, up 4.25% as of press time, with a price of HKD 67.45 and a turnover of 30.098 million Hong Kong dollars.
In terms of news, on July 9th, iQiyi and Weibo jointly launched the first batch of AI character accounts, reflecting the company's commitment to use technology to enhance content interaction and expand the influence of its high-quality IPs. According to the person in charge of AI NPC, a product related to the AIGC Content Technology Innovation Center of iQiyi, AI NPC is a character AI chat robot based on a large model, which can simulate the personality and tone of the character, and interact with users based on the background of the IP world view.
Morgan Stanley previously released a research report stating that Weibo is expected to maintain an annual dividend of $0.2 billion. The company's total cash is $3.3 billion, enough to pay off the $0.8 billion bond due on July 24 and the $0.33 billion convertible bond. The bank quoted Weibo's expectation that advertising revenue in the second quarter of 2024 will remain stable year-on-year, but will increase in the third quarter under the promotion of the Olympic Games. Weibo is shifting its marketing budget to higher return on investment channels, which is expected to improve the DAU/MAU ratio.