Understanding the Market | VOBILE GROUP rises over 8% as the company's subscription and value-added services grow rapidly, embracing AI to gradually improve operational efficiency

VOBILE GROUP's stock price rose by more than 8%, with an increase of 8.5% as of the time of publication, trading at HKD 3.83, with a transaction volume of HKD 86.0189 million. The company plans to issue HKD 98.8 million of convertible bonds to Ping An International Investment Management Co., Ltd., with an initial conversion price of HKD 3.80. The proceeds will be used for the development of artificial intelligence-generated content-related businesses, repayment of loans, and general working capital. China Merchants Securities expects the company's operating revenue to reach 2.803 billion, 3.531 billion, and 4.480 billion yuan from 2025 to 2027, with net profit attributable to the parent company expected to be 186 million, 251 million, and 342 million yuan, respectively