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The latest update is out from Vobile Group ( (HK:3738) ).
Vobile Group Limited announced the issuance of HK$1.6 billion zero coupon convertible bonds due 2026, with plans to use the proceeds for general working capital and to expand its operations in Hong Kong and other regions. The company is enhancing its product line with Vobile MAX and DreamMaker, which integrate AI and blockchain technology to support content creation, protection, and monetization. These initiatives align with Hong Kong’s strategic goals of becoming a global hub for IP trading and digital asset innovation, potentially strengthening Vobile’s position in the digital content industry.
The most recent analyst rating on (HK:3738) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Vobile Group stock, see the HK:3738 Stock Forecast page.
More about Vobile Group
Vobile Group Limited is a company incorporated in the Cayman Islands, specializing in video and audio content protection and monetization services. It serves major Hollywood studios and independent creators, focusing on safeguarding digital content assets and facilitating copyright royalty revenues. The company is expanding its offerings to include AIGC and RWA related products, aiming to support the creator economy and extend its market reach.
Average Trading Volume: 65,557,212
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$13.19B
Learn more about 3738 stock on TipRanks’ Stock Analysis page.