Hong Kong stocks fluctuation | NEWBORNTOWN (09911) rose over 4% in the morning session and has completed the privatization deployment of the open-source inference large model DeepSeek-R1.
NEWBORNTOWN (09911) rose more than 4% in early trading, as of press time, it increased by 4.7%, trading at 5.35 Hong Kong dollars, with a transaction volume of 10.8525 million Hong Kong dollars.
MSCI Global Small Cap Index adjustment: includes Yuan Ran Agriculture (09858), JF SMARTINVEST (09636) and excludes SOHO CHINA (00410) and others.
On February 12, MSCI announced the results of the February Index review, with adjustments taking effect after the market closes on February 28.
Newborn Town (HKG:9911) Expects to Record Higher Revenues for Social Networking, Innovative Businesses
NEWBORNTOWN [09911] is currently reported at 4.17 HKD, with an increase of 10.03%.
As of 09:54, NEWBORNTOWN [09911] is priced at 4.17 HKD, up 0.38 HKD or 10.03% from yesterday's closing price of 3.79 HKD, with a transaction amount of 33.3532 million HKD. Today's highest price is 4.17 HKD, and the lowest price is 3.85 HKD. Based on yesterday's closing price, the 10-day average is 3.55 HKD, the 50-day average is 3.76 HKD, and the current PE is 7.70 times, while the 14-day Index shows 52.67.
NEWBORNTOWN received an additional shareholding of 2.144 million shares from TMF Trust (HK) Limited at a price of approximately 3.73 Hong Kong dollars per share.
Latest data from the Hong Kong Stock Exchange shows that on January 16, TMF Trust (HK) Limited increased its Shareholding in NEWBORNTOWN (09911) by 2.144 million shares, at a price of 3.7253 HKD per share, for a total amount of approximately 7.987 million HKD. After the increase, the latest number of shares held is approximately 0.157 billion shares, and the latest holding percentage is 11.12%.
Announcement selection | New China Life Insurance expects a year-on-year profit increase of over 175% in 2024; LINGBAO GOLD is expected to see net income increase year-on-year by about 110% to 140%.
New China Life Insurance expects a year-on-year profit increase of over 175% in 2024; CHI MER LAND's annual sales exceed 42 billion yuan.
NEWBORNTOWN (09911)精品游戏 Business has entered a profitable cycle and has begun to contribute revenue.
The premium game Alice's Dream: Merge Games and others are independently developed by the company and delivered for external distribution, with profits shared with the company in proportion after achieving profitability. In 2024, the company's premium games are expected to generate approximately 0.705 billion yuan in revenue, an increase of about 80.4% compared to 2023.
NEWBORNTOWN's revenue increased by over 50% in 2024, driven by AI to enhance commercial efficiency.
On January 20, NEWBORNTOWN (09911.HK) released its unaudited operational data for the 2024 fiscal year, with an expected annual revenue of 49.6 to 5.2 billion yuan, a year-on-year growth of approximately 50.0% to 57.2%, indicating accelerated growth. Among these, the expected revenue from the social Business is approximately 45.2 to 4.72 billion yuan, a year-on-year growth of about 54.3% to 61.1%; the expected revenue from the innovation Business is approximately 4.4 to 0.48 billion yuan, a year-on-year growth of about 16.1% to 26.6%. The announcement shows that the growth in social Business revenue is primarily attributed to the company's rapid growth in social products driven by AI technology.
NEWBORNTOWN (09911.HK) achieved an average monthly active user count of approximately 31.748 million in the fourth quarter, representing a quarter-on-quarter growth of about 9.5%.
On January 20, Gelonghui announced that NEWBORNTOWN (09911.HK) reported that (i) as of December 31, 2024, the cumulative download of the group's social business reached approximately 0.78 billion, an increase of about 5.7% compared to September 30, 2024; (ii) in the fourth quarter of 2024, the average monthly active users of the group's social business reached approximately 31.748 million, with a month-on-month growth of about 9.5%; and (iii) for the year ending December 31, 2024, the total revenue of the group's social business is expected to be approximately RMB 4,520 million to RMB 4,720 million, an increase compared to the same period in 2023.
Express News | Newborn Town Inc Sees Revenue From Social Networking Business to Reach RMB4,520 Mln to RMB4,720 Mln for Year
Newborn Town Trustee Buys More Shares Under Award Scheme
NEWBORNTOWN (09911) further purchased 11.72 million shares according to the restricted stock unit incentive plan.
NEWBORNTOWN (09911) announced that between April 28, 2023, and January 3, 2025, ...
Benign Growth For Newborn Town Inc. (HKG:9911) Underpins Its Share Price
NEWBORNTOWN (09911.HK) has appointed Chen Sichao as an independent non-executive Director.
On December 27, Gronghui announced that Mr. Huang Sichen resigned from his position as an independent non-executive director, chairman of the Board of Directors' remuneration committee, and a member of both the Board of Directors' audit committee and nomination committee, effective December 27, 2024, due to seeking other career development opportunities. The Board of Directors is pleased to announce that Ms. Chen Sichao has been appointed as an independent non-executive director of the company, effective December 27, 2024.
Newborn Town Acquires Remaining Stake in Subsidiary, Issues 219.7 Million Consideration Shares
NEWBORNTOWN (09911.HK) granted 25.172 million incentive shares.
On December 23rd, Gelonghui reported that NEWBORNTOWN (09911.HK) announced the granting of 25,172,052 award shares to 26 recipients, all of whom are employee participants, based on the NBT restricted stock unit plan adopted at the special Shareholder meeting held on December 12, 2024, but this will only take effect once the recipients accept it.
Newborn Town Trustee Buys Back Nearly 4 Million Shares
NEWBORNTOWN (09911.HK): Three D Partners has further purchased a total of 4 million shares based on stock acquisition.
Gelonghui announced on December 20 that NEWBORNTOWN (09911.HK) has disclosed that from April 28, 2023, to December 13, 2024, Three D Partners Limited purchased a total of 56,954,000 shares from the market. Subsequently, from December 16, 2024, to December 20, 2024, Three D Partners Limited further purchased a total of 3,998,000 shares from the market according to the share purchase.
Selected announcements | Ping An Insurance's original premium income in the current year is nearly 800 billion yuan; GANFENGLITHIUM's Goulamina spodumene project phase one has officially gone into production.
In the first 11 months, New China Life Insurance accumulated original insurance premium income of 163.1663 billion yuan, a year-on-year increase of 2.2%; Ideal Autos granted a total of 3.94697 million restricted stock units.
Express News | Newborn Town - Funds Provided for Co's Share Schemes