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
Express News | Newborn Town Inc - to Provide Funds Not Exceeding HK$200 Mln Within Next Two Years
The popularity of AI Advertising Marketing continues, with AppLovin, 汇量, NEWBORNTOWN and others reaping the benefits.
Recently, the enthusiasm for AI in the Capital Markets has surged again, with Institutions competing to investigate AI application companies, driving stock prices higher. From domestic to overseas, the enthusiasm for AI continues to be released. Among them, Advertising Marketing, as an industry that has embraced AI transformation early on, has allowed many companies to reap the first wave of benefits. When mentioning Advertising Marketing, one cannot overlook AppLovin, which has been dubbed the "AI Monster Stock" this year. This year, the US stock market AI Advertising Marketing giant AppLovin has become a new darling of Wall Street with its outstanding AI application performance, with its stock price increasing over 790% since the beginning of the year and Market Cap exceeding 100 billion dollars.
Newborn Town's Appointee Repurchases Further Shares
Newborntown (09911.HK): Three D Partners Limited further purchased a total of 0.554 million shares based on share purchases.
Gelonghui reported on December 6 that newborntown (09911.HK) announced that from April 28, 2023, to November 29, 2024, Three D Partners Limited purchased a total of 54,366,000 shares from the market. Subsequently, from December 2, 2024, to December 3, 2024, Three D Partners Limited further purchased a total of 554,000 shares from the market according to the share purchase.
Amazon has launched a series of advanced AI models, invigorating the AI concept stocks, with Kingsoft Cloud (03896) rising by 11.11%.
Kingwo Financial News | AI concept stocks generally rose, kingsoft cloud (03896) up 11.11%, innovation technology (02121) up 7.16%, mobvista (01860) up 6.1%, newborntown (09911) up 5.65%, meitu (01357) up 3.6%, idreamsky (01119) up 2.05%, kingsoft (03888) up 1.77%. Amazon announced at the annual AWS conference the launch of a series of advanced AI models, called Amazon nova. The Amazon nova series includes text to
Hong Kong stocks movement | newborntown (09911) rises over 3% and plans to acquire 77.83 million shares of NBT Social Networking for 1.983 billion Hong Kong dollars.
newborntown (09911) rose more than 3%, as of the time of publication, it increased by 3.43%, closing at 4.2 Hong Kong dollars, with a turnover of 10.2533 million Hong Kong dollars.
Newborn Town Inc.'s (HKG:9911) Market Cap up HK$395m Last Week, Benefiting Both Retail Investors Who Own 45% as Well as Insiders
The asset management giant Vanguard Group has bought into newborntown, becoming one of the largest institutional investors.
Financial terminal data shows that the global asset management giant Vanguard Group recently bought shares of Newborntown (9911.HK), becoming one of the largest institutional investors in Newborntown. Vanguard Group is a leading asset management giant driving the development of index funds in the USA, and is also the world's largest mutual fund and second largest exchange-traded fund (ETF) provider. As a top social entertainment company deeply cultivating the markets in the Middle East and North Africa, Newborntown Technology has shown impressive performance this year, with its market cap continuously improving. From the beginning of the year to November 25th, the stock price has risen by 92.27%, with a 28.62% increase in the past 3 months.
Three D Partners Buys Back Nearly 3 Million Shares of Newborn Town
[Brokerage Focus] Guoyuan International: Current internet plus-related sector consolidation continues, caution remains the main focus in the short term.
Jinwu Financial News | Guoyuan International stated that the current consolidation in the internet plus-related sector continues, with a cautious outlook in the short term. The bank believes that the continuous strength of the usd, combined with the release of risks due to the macroeconomic situation being below expectations, leads to a tightening of liquidity in overseas markets, causing funds to flow from the Asia-Pacific and europe to the usa market. In the short term, on one hand, Hong Kong stocks are significantly influenced by external risk sentiment and capital flow, and market performance is under pressure from fundamentals data not meeting expectations and reduced risk appetite for funds. On the other hand, the market is also waiting for policies to be implemented to accelerate the repair of the economic fundamentals, so the current Hong Kong stocks will be in a volatile pattern. Therefore, attention can currently be focused on.
[Brokerage Focus] Guoyuan International expects that the demand for internet-related IT services will be able to be sustained in the fourth quarter.
Jinwu Finance | Guoyuan International believes that the recent performance of Hong Kong stocks is under pressure both internally and externally. On one hand, market performance is facing pressure from disappointing fundamental data and a reduction in risk appetite for funds. On the other hand, a combination of policy measures and the accelerated issuance of special bonds is expected to gently pull the economy towards recovery. Therefore, the current Hong Kong stock market is in a volatile pattern, and short-term fluctuations are difficult to escape. Attention can be paid to high-dividend, policy-supported, and internet plus-related leading sectors with comparative advantages. In the U.S. stock market, the PE and market cap levels have reached historical highs, and there are concerns that future performance growth will not support the existing valuations. If the growth rate slows down, there will be significant pressure on the secondary market.
Newborn Town Joins Saudi Arabia's Regional Headquarters Program
Newborn Town's Appointee Repurchases Over 1 Million Shares
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