According to the Zhongtong Financial APP, Yeahka (09923) rose nearly 8% in the afternoon, as of press time, up 7.85% to HKD 11.54, with a turnover of HKD 13.3663 million.

On the news front, Yeahka announced that the company received a notice of put option exercise, and the holders of the bonds with a total principal amount of USD 35 million will exercise their options and request the company to redeem all their convertible bonds held on July 13, 2024. The company issued USD 70 million in total principal amount of 6.25% convertible bonds due in 2027 in 2022, and has partially repurchased and cancelled convertible bonds in April and June this year.

Everbright Securities pointed out that since 2014, the company has continuously expanded its overseas markets and has initially formed overseas layouts. It has conducted business in Singapore, the United States, and Hong Kong, China, and is further expanding its overseas market. We believe that the upgrading of the company's marketing strategy and the continuous expansion of the coverage of marketing services to customers are expected to promote the company's performance to achieve a leapfrog growth.