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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
