Changes in Hong Kong stocks | Huiliang Technology (01860) rose more than 8%, and the performance of leading overseas AI advertising companies exceeded expectations to verify the trend of monetization capacity

The Zhitong Finance App learned that Huiliang Technology (01860) rose more than 8%. As of press release, it had risen 7.88% to HK$10.81, with a turnover of HK$97.5617 million.

According to the news, after AppLovin released its earnings report last week, its stock price rose 31.04% on Thursday and 9.86% on Friday. The stock price increased by more than 70% throughout the week. The company's third-quarter revenue was US$2.85 billion, up 55% year on year; net profit was US$1,439 million, up 72% year on year. In addition, AI application company Unity's AI advertising engine Vector revenue increased 126% year over year and 40% month over month. The month-on-month growth rate was double that of the guide, and the company's growth engine is switching to AI advertising monetization.

Shen Wan Hongyuan believes that overseas AI advertising businesses such as AppLovin and Unity have exceeded expectations and verified the trend of AI improving advertising efficiency and monetization capabilities. The domestic marketing sector is relatively low, focusing on Huiliang Technology (AIInfra upgrade, IAP advertising expansion), etc. According to reports, Mintegral's 2024 and 2025 revenue increased by 47.2% and 35.9%, respectively, and still grew 24.3% in the first half of this year under a high base.