MOBVISTA (01860) surged over 12% during intraday trading, with cumulative gains exceeding 120% since July. As of press time, the stock was up 12.02% to HK$15.75, with trading volume reaching HK$499 million.

On the news front, MOBVISTA (01860) plans to hold a board meeting on August 29 to consider and approve its interim results. Recent performance from mobile app advertising platform AppLovin showed the company's Q2 revenue of $1.259 billion, up 77% year-over-year, beating market expectations; net profit of $820 million, surging 164% year-over-year; adjusted EBITDA of $1.018 billion, up 99% year-over-year; and adjusted earnings per share of $2.39, outperforming market expectations of $2.32.

CICC noted that AI has become the core engine of industry innovation, with the positive cycle of the "computing power-model-application-data" flywheel clearly established. Looking ahead to the second half of 2025, generative AI technology is expected to deepen penetration, while industry supply competition structure improvement and accelerated domestic substitution are expected to jointly build growth momentum for the semiconductor and components industry.

Notably, MOBVISTA was previously selected for the 2025 Fortune Southeast Asia 500 list, ranking 208th. Continuous investment in AI and machine learning serves as the core driver of MOBVISTA's growth. The company's programmatic interactive advertising platform Mintegral, as the core growth engine, performed particularly well in 2024, achieving revenue of $1.44 billion, up 47.2% year-over-year, with smart bidding products contributing over 70% of total revenue.

Additionally, the company's diversification vertical strategy has shown significant results. In 2024, Mintegral's gaming business revenue reached $1.04 billion, up 37.0% year-over-year, while non-gaming business revenue was $403.3 million, with a substantial growth rate of 82.0%.