Qunabox rises on deal with Dubai Ruling Family for AI platform development

Reuters
2025.12.05 02:18
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Qunabox Group's shares surged 10.4% to HK$34.98 following a strategic partnership with His Highness Shaikh Thani Saeed Thani Juma Al Maktoum from the Dubai Ruling Family. They will co-develop HOLOX, an AI platform for gaming and entertainment, aligning with UAE's AI Strategy 2031. Despite this rise, the stock is down 49.5% YTD, while the Hang Seng TECH Index is up 24.4%.