According to Zhitong Finance APP, MOBVISTA (01860) rose nearly 5%, as of the time of writing, it increased by 4.9%, trading at HKD 13.27, with a transaction volume of HKD 176 million.

In terms of news, in the first quarter of this year, multiple performance indicators of MOBVISTA achieved year-on-year growth, with revenue reaching USD 581 million, a year-on-year increase of 32.2%; gross profit reached USD 122 million, a year-on-year increase of 26.9%; adjusted EBITDA reached USD 46.74 million, an increase of 12.0% compared to the same period last year. During the reporting period, Mintegral recorded revenue of USD 560 million, a year-on-year increase of 33.1%. A research report from China Merchants Securities on June 9 pointed out that MOBVISTA's Mintegral is its absolute core business, and the continuous iteration of its products constitutes the core engine for revenue and profit growth. The company will consolidate its IAA base while deepening its high-value IAP business, relying on the flywheel effect to drive sustained performance growth. It has been given a "strong buy" rating in its initial coverage.

Guohai Securities also stated that in Q1 2026, the company's core R&D directions are AI new infrastructure, MaxAgent multi-agent systems, etc. By June 2026, the company's next-generation AIInfra system has completed major development, and improvements in R&D efficiency and model prediction accuracy have been observed. After undergoing Q3 testing, gray-scale, and stability verification, it is expected to be fully launched in October, with the IAPROAS model under new infrastructure expected to demonstrate business effects in Q4 2026. The MarTech product line is advancing towards intelligent restructuring, and it is expected to enter a new commercialization phase in Q4 2026, with technological dividends expected to be steadily released