09911 NEWBORNTOWN
- 3.430
- +0.080+2.39%
NEWBORNTOWN News
Newborntown Technology (09911) repurchased 1.41 million shares in the past two days, with a total cost of approximately HKD 4.95 million.
The board of directors of Newborntown (09911) believes that the current share buyback reflects the company's optimistic outlook and prospects for its own business.
Newborntown Technology (09911.HK): Three D Partners Limited further purchased 1.41 million shares from July 18th to July 19th.
On July 19th, Glon Hui announced that Newborntown Technology (09911.HK) purchased a total of 25.574 million shares from the market from April 28, 2023 to July 17, 2024. Subsequently, from July 18, 2024 to July 19, 2024, Three D Partners Limited purchased a further 1.41 million shares from the market based on share purchases. Three D Partners Limited will hold
Guoyuan International: Maintains a buy rating for Newborntown Technology (09911) with a target price of HKD 4.59.
The company is currently a major player in China's internet plus-related globalization market, with a wide range of opportunities in this space. In terms of social business, it has already formed four differentiated social product lines to enter the Middle East, Southeast Asia, and other regions, including open social platform MICO, voice social platform YoHo, companion social platform SUGO, game social platform TopTop, and other products.
Nomura: Profits in China's internet plus-related industry better than expected, focus on ai in the second half of the year.
Shalong Shi, head of the Nomura China Internet and New Media Research Department, said that investors are relatively cautious about the mainland's internet plus-related industry, but think that the fundamentals of the industry are still healthy.
[Brokerage Focus] Guoyuan International: Continuous implementation of policies improves business efficiency with AI technology. The internet plus-related industry still has investment value overall.
Jingu Caixun | Guoyuan International Research pointed out that overall, due to the current stage of China's economy and consumption in the recovery phase, some Internet companies may face the risk of slowing performance growth or falling short of expectations as the mid-term disclosure period approaches. However, in the face of the tactical return of overseas funds, Hong Kong shares have already seen a significant repair in valuation multiples. Although the improvement of the fundamentals of Internet companies under macroeconomic pressure is limited, the current industry still has investment value due to the widespread buybacks and relatively low valuations of Internet companies, as well as the continuous implementation of policies and the gradual transformation of business with AI technology to improve efficiency. In addition, with the summer box office season,
Newborntown Technology: Three D Partners Limited purchases a total of 1.312 million restricted share units under the incentive plan.
Newborntown Technology (09911) announced that Three D Partners Limited purchased a total of 24.262 million shares from the market between April 28, 2023 and January 18, 2024. Subsequently, during the relevant period from July 5, 2024 to July 17, 2024, Three D Partners Limited further purchased a total of 1.312 million shares from the market based on the share purchase. Three D Partners Limited will hold the shares purchased.
Intelligent Hong Kong Stock Shareholder Rights Disclosure | July 18th
Hong Kong Stock Shareholder Equity Disclosure | July 18th
Newborntown Technology (09911): Three D Partners Limited has purchased a total of 1.312 million shares further under the Restricted Stock Units Award Plan.
Newborntown Technology (09911) announced that from April 28, 2023 to January 18, 2024...
gtja's first recommendation for Newborntown is a "buy" rating, with a target price of HKD 4.75.
On July 15th, Guotai Junan Securities released a research report, initiating coverage on Newborntown Technology with a "buy" rating. Based on the rise of the company's new social products, breakthroughs in emerging markets such as the Middle East and North Africa, and the steady promotion of diversified social business, Guotai Junan set its target price at HKD 4.75. As the localization strategy deepens, the report stated that Newborntown Technology is constantly consolidating its leading position in the Middle East and North Africa through the launch of diversified voice and video social products; in addition, most of the company's revenue comes from its social products, and the "localization" strategy helps to create a differentiated social business landscape.
Tianfeng maintains a 'shareholding' rating for Newborntown Technology (09911) with a target price of HKD 5.09.
Tianfeng Securities predicts that the net income of Newborntown (09911) attributable to shareholders for FY2024-FY2026 will be 510/520/530 million yuan.
Optimistic Investors Push Newborn Town Inc. (HKG:9911) Shares Up 31% But Growth Is Lacking
Newborn Town Inc. (HKG:9911) shares have continued their recent momentum with a 31% gain in the last month alone. The annual gain comes to 205% following the latest surge, making investors sit up a
Newborntown Technology (09911) plans to further increase its shareholding in NBT Social Networking to achieve full control.
Newborntown Technology (09911) announced that on June 27, 2024, the company (as a buyer) signed a ...
Express News | Newborn Town Inc - to Acquire an Aggregate of 77.8 Mln Shares of NBT Social Networking for HK$1.98 Bln
Express News | Newborn Town Inc - NBT Social Networking Agreed to Issue and Allot 10 Mln Shares to Jjqj Partners
Express News | Newborn Town Inc - Entering Into Share Purchase Agreement
TF Securities Starts Newborn Town at Accumulate With HK$5.09 Price Target
12:00 AM EDT, 06/24/2024 (MT Newswires) -- TF Securities Starts Newborn Town at Accumulate With HK$5.09 Price Target
Newborn Town's Flagship Game Listed in Sensor Tower's Revenue Charts Due to Its Business Growth
HONG KONG, June 19, 2024 /PRNewswire/ -- According to Sensor Tower's newly released rankings of Chinese mobile games by overseas revenue and downloads, Newborn Town's flagship game, Alice's Dream: Me
Newborntown Technology (09911.HK) boutique mobile game enters Sensor Tower's "Top 30 Chinese Mobile Games Overseas Revenue" list.
Recently, mobile application data analysis platform Sensor Tower released the "May 2024 China Mobile Game Product Revenue and Download Rankings in Overseas Markets", and Newborntown Technology's high-quality game Alice's Dream: Merge Games (formerly known as Mergeland-Alice's Adventure) appeared on both the "Top 30 China Mobile Game Overseas Revenue Rankings in May 2024" and the "China Mobile Game Overseas Revenue Growth Rankings in May 2024". Alice's Dream is a high-quality synthesis-type mobile game.
Newborn Town's TopTop Gets Featured on the App Store Due to Its Deep Dive Into MENA Mobile Games Market
HONG KONG, May 31, 2024 /PRNewswire/ -- TopTop, Newborn Town's game-oriented social app, was recently featured by the Apple App Store, reaching out to dozens of countries and regions such as Saudi Ara
Changes in Hong Kong stocks | Chizicheng Technology (09911) is expected to increase by more than 8%, and the total revenue of the social networking business in Q1 is expected to increase by more than 65%, and the Middle East market continues to break thro
The Zhitong Finance App learned that Chizicheng Technology (09911) rose more than 8%. As of press release, it had risen 8.6% to HK$3.79, with a turnover of HK$129.506 million. According to the news, TopTop, a gaming social networking product owned by Chizicheng Technology, was recently officially recommended on the Apple App Store. The app was recommended to users in dozens of countries and regions, including Saudi Arabia, the United Arab Emirates, Qatar, and Oman. According to reports, since August 2023, the company's three social networking products have entered the top 30 of data.ai's “China's Non-Gaming App Overseas Revenue List” for five consecutive months. Among them, SU
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