DUIBA (01753) continued its upward momentum in today's trading session, with the stock having skyrocketed over 400% in cumulative gains since August 21. This remarkable run has positioned the company as one of the most closely watched names in Hong Kong's AI short-drama sector recently. At the time of writing, shares were trading up 16.13% at HK$0.72, with turnover reaching HK$8.02 million.
The company's interim results for 2026, disclosed not long ago, revealed first-half total revenue of RMB 435 million, representing a 24.3% year-on-year increase. Notably, the AI short-drama business, which officially launched in January, generated RMB 223 million in revenue during the six-month period, accounting for 51.2% of total revenue and surpassing the traditional interactive advertising segment to become the company's largest revenue source.
According to public data from Douyin's native platform, DUIBA's AI short dramas climbed to fourth place on the platform's content rankings in June, advanced to second place in July, and remained firmly within the industry's top three by August. On the distribution front, monthly investment revenue surpassed RMB 100 million in June, reflecting a sequential growth of over 100%.