Three Weimob Substantial Shareholders Reduce Stakeholding

MT NewswiresDec 30 05:31 ET

Express News | UBS Group AG's Long Position in Ordinary Shares of Weimob Increases to 5.57% on Dec 20 From 4.63% - HKEX

ReutersDec 30 04:40 ET

Hong Kong stock movements | WEIMOB INC (02013) opened low and later rose over 9%. Major shareholders have pledged not to reduce their Shareholding within a year. The company benefits from the improvement of the WeChat e-commerce ecosystem.

WEIMOB INC (02013) opened lower in the morning but rose significantly, with its stock price increasing by over 9%. From December 19 to now, the cumulative increase has approached 150%. As of the time of writing, it has risen by 8.06%, priced at 3.62 HKD, with a transaction volume of 0.887 billion HKD.

Zhitong FinanceDec 29 20:51 ET

Capital trends | Northbound capital heavily purchased Hong Kong stocks for nearly 8.5 billion Hong Kong dollars, significantly increasing positions in Semiconductor Manufacturing International Corporation by nearly 1.4 billion Hong Kong dollars.

Track the latest dynamics of southbound capital.

Gelonghui FinanceDec 27 05:35 ET

[Brokerage Focus] Open Source Securities upgraded WEIMOB INC (02013) to a "Buy" rating, expecting that leading service providers will be the first to benefit from the improvement of the WeChat e-commerce ecosystem.

Jinwu Financial News | Kiyuan Securities released a Research Report stating that Weimeng is the first to integrate mini programs into WeChat Stores, helping merchants achieve a connection between mini programs and WeChat Stores. The firm believes that Weimeng, as an important service provider in the Tencent ecosystem, is expected to enjoy structural dividends. In the future, as C-end users develop their consumption mindset in WeChat, and B-end merchants continue to join the WeChat ecosystem, the integration of public and private WeChat traffic, along with the continued improvement of the transaction ecosystem, is expected to bring in new Saas customers. Furthermore, the company is expected to enhance customer value through comprehensive services such as product screening and advertising placement. The firm indicated that Weimeng is the first to integrate mini programs into WeChat Stores, and as the WeChat e-commerce ecosystem improves in the future, Weimeng...

Jinwu Financial NewsDec 27 02:49 ET

Market Movements | WEIMOB INC soared over 11%, having accumulated more than a 130% increase in the last 5 trading days.

Open-source Securities released a research report stating that WEIMOB INC has taken the lead in connecting mini-programs to WeChat small stores. As the WeChat e-commerce ecosystem improves in the future, WEIMOB INC, as a top service provider within the Tencent ecosystem, is expected to benefit first. The firm maintained its revenue forecast for the company for 2024-2026 at 1.81/2.11/2.39 billion yuan. The company is actively scaling back its small and medium customer business, while the gross income from its advertising business continues to grow, and as a top service provider in the Tencent ecosystem, it is expected to be among the first to benefit from the gradual improvement of the WeChat trade ecosystem.

Zhitong FinanceDec 26 20:38 ET