Microcom's (02013) 2024 interim report: The "combination punch" of cost reduction and efficiency increase has shown significant results, and the adjusted net loss has been greatly reduced.
Based on the current rate of loss reduction, Weimeng will soon be able to achieve positive adjusted net income for the whole year.
Weimob Plans Sale of $90 Million 7.5% Convertible Bonds
Express News | Weimob Inc - Issue Price of 2024 Convertible Bonds Shall Be 97.625 per Cent
Weimob Inc (02013.HK): Recommend repurchasing $85 million convertible bonds with guarantee maturing in 2029.
On August 29th, Weimob Inc. (02013.HK) announced that its fully-owned subsidiary, as the issuer, will issue $85 million 7.50% guaranteed convertible bonds due in 2029 unconditionally and irrevocably guaranteed by the company. The total principal amount of the outstanding convertible bonds not yet redeemed is $85 million (the "remaining convertible bonds"). On August 29th, 2024, the issuer and the company entered into an agreement proposing to repurchase the remaining convertible bonds.
Express News | Voluntary Announcement- Proposed Repurchase of US$85 Million- Guaranteed Convertible Bonds Due 2029
Dual high-quality business operations, weimob inc (2013.HK) returning to value logic.
Weimeng's future growth prospects are clear.
Weimob Inc (02013.HK): Fei Leiming was appointed as an executive director.
On August 21st, GeLonghui reported that Guo Junxian has submitted his resignation as an executive director of weimob inc (02013.HK). The reason for his resignation is personal work arrangements, which will take effect from August 21, 2024. The board of directors further announced that Fei Leiming has been appointed as an executive director, effective from August 21, 2024.
Express News | Weimob Inc - Fei Leiming Appointed as Executive Director
Express News | Weimob Inc - Guo Junxian Resigned as an Executive Director
Express News | Weimob H1 Revenue RMB 867 Million
Express News | Weimob H1 Adjusted Net Income RMB -46 Million
WEIMOB INC: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED JUNE 30, 2024
Stocks in Hong Kong have changed | Weimob Inc (2013) rose more than 8% with the acceleration of commercialization of Tencent Video. The company is expected to benefit from structural dividends.
Shares of Weimob Inc (02013) are currently up more than 8%. As of publication, they have risen by 7.38% to HKD 1.31 with a trading volume of HKD 28.7551 million.
HK Stock Market Update: Weimob Inc (02013) is up over 5% with significant increases in video usage and is expected to benefit significantly.
Weimob Inc (02013) is currently up more than 5%. At the time of writing, it has risen by 4.27% to HK$1.22 with a turnover of HK$11.3575 million.
Weimob Inc (02013.HK) plans to hold a board of directors meeting on August 21 to approve its interim results.
Weimob Inc (02013.HK) announced on August 9th that the board of directors will hold a meeting on Wednesday, August 21st, 2024, to consider and approve the company and its subsidiary's mid-year performance ending on June 30th, 2024, and to consider the distribution of mid-year dividends (if any).
WEIMOB INC: NOTICE OF BOARD MEETING
HK Stocks Fluctuate | Weimob Inc (02013) rises more than 6% in the afternoon, with video e-commerce entering a rapid growth channel and the company expected to enjoy structural dividends.
Weimob Inc (02013) rose over 6% in the afternoon. As of press time, it rose 5.17% to HKD 1.22 with a turnover of HKD 10.8566 million.
Hong Kong stocks fluctuate | Weimob Inc (02013) is now up more than 4%, teaming up with Avita to explore autos marketing. Institutions are bullish on the company benefiting from the increase in video.
Shares of Weimob Inc (02013) are up more than 4%. As of press time, they have risen 3.57% to HKD 1.45, with a trading volume of HKD 14.1293 million.
Hong Kong stock market anomaly | Weimob Inc (02013) rose more than 5%, joining forces with Tencent Advertising to boost the overall growth of trinket brands, benefiting from the bonus of video numbers.
Weimob Inc (02013) rose more than 5%, as of press time, up 5.15%, at HKD 1.43, with a turnover of HKD 25.05 million.
Weimob Inc (02013.HK) received a shareholding of 12.3199 million shares from JPMorgan.
According to the latest equity disclosure data from the HKex, on June 14, 2024, Weimob Inc (02013.HK) was increased by JPMorgan Chase & Co. at an average price of HKD 1.5214 per share with a total of 12,319,900 shares, involving approximately HKD 18.7435 million. After the shareholding, the latest number of shares held by JPMorgan Chase & Co. is 254,324,109 shares, and the shareholding ratio has increased from 7.86% to 8.26%.
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