Changes in Hong Kong stocks | Huiliang Technology (01860) rose more than 6%, and the company scale effect gradually showed that institutions are optimistic that AI will continue to empower advertising business

The Zhitong Finance App learned that Huiliang Technology (01860) rose more than 6%. As of press release, it had risen 6.29% to HK$15.2, with a turnover of HK$176 million.

According to news, Huiliang Technology achieved revenue of $532 million in the third quarter of this year, up 27.6% year on year; achieved gross profit of US$111 million, up 26.4% year on year; adjusted EBITDA reached US$47.05 million, a sharp increase of 37.3% over the same period in 2024. In the core sector, Mintegral recorded revenue of US$508 million during the period, an increase of 26.2% over the previous year. According to a previous research report by Open Source Securities, the company's scale effect is gradually showing, and profitability has increased markedly. I am optimistic that AI-driven performance will be released quarterly and maintain a “buy” rating.

The bank also pointed out that the company is promoting the deepening application of AI in all aspects of advertising services. In the material production process, its PlayTurbo platform supports AI dubbing/translation/high-speed graphics in March, and launched two major AI video functions, “digital human video” and “image to video” in August; in the advertising process, the Hybrid ROAS bidding strategy optimization model was launched in April to help developers target high-value groups. In July, the IPROAS optimization strategy was officially launched, enabling IAP applications to go overseas and improve quality and efficiency. I am optimistic that AI will continue to empower the advertising business, enhance service competitiveness, and drive continued growth in performance.