$MOBVISTA (01860.HK)$ The morning session saw an expansion of 40% in gains, with the stock price achieving a sixth consecutive increase, accumulating a total increase of over 70%. As of the time of publication, it has surged by 39.47%, at 3.71 Hong Kong dollars, with a trading volume of 0.215 billion Hong Kong dollars.
On the news front, Mobvista will hold a board of directors meeting on November 15 (next Friday) to consider and approve third-quarter performance. In addition, the mobile attribution and marketing analytics company AppsFlyer recently released the 17th edition of the "Comprehensive Performance Report of Advertising Platforms", where Mobvista's programmatic mobile advertising platform Mintegral performed outstandingly, maintaining its leading position on the dual-platform gaming list, while making strong breakthroughs in the Android platform, non-game dual-platform, and re-marketing aspects.
Before, ANS International pointed out that due to the company's infrastructure upgrades and continuous investment in research and development, Mintegral's automated bidding products have further gained market validation, with the ROAS automated bidding model becoming the mainstream choice for developers. Open Source Securities noted that in July 2024, Mintegral launched the Target-CPE function for event-based optimization, continuing to strengthen algorithm capabilities, innovate delivery strategies, and is expected to drive continuous revenue growth for Mintegral.
