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Changes in Hong Kong stocks | Fubo Group (03738) rose nearly 6% in the intraday period, and the company was the first to benefit from Hongguo's exclusive copyright service provider in an AI short drama competition
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The Zhitong Finance App learned that Fubo Group (03738) rose nearly 6% intraday. As of press release, it rose 4.06% to HK$2,945, with a turnover of HK$84.751 million.

According to the news, the QuestMobile report shows that in terms of the number of users, in September 2026, the top three apps within the Douyin Group became Douyin, Hongguo's free skit, and Doubao. The total number of users removed was 1,029 million, 430 million, and 419 million, respectively. Red Fruit has already surpassed Doubao. Also, on November 11, the Hongguo Short Drama launched a virtual image authorization function for AI dramas.

Open Source Securities pointed out that under the arms race for AI skit platforms, authorization and split account monitoring have become just what is needed. As Hongguo's exclusive copyright service provider, Fubo's number of AI skit copyright monitoring services increased 106% over the quarter, taking the lead in benefiting as a “water seller.” The second curve was formed, and the AI film and television factory and the copyright model are being promoted on both lines. The Brunei Computing Power Center plans to launch the first 25 megawatts in 2027 and another 25 megawatts in 2028, locking in the computing power card position in the AI content era.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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