Company Overview - The company is a global leader in copyright protection technology services, established in 2005 in Silicon Valley and listed on the Hong Kong Stock Exchange in 2018 [3] - It provides a one-stop digital asset protection technology and content distribution value-added services through a SaaS model, serving content producers, copyright holders, streaming platforms, and internet companies [3] - The company has established long-term partnerships with major film companies like Disney, Paramount, and Sony Pictures, as well as leading streaming platforms such as HBO, Netflix, and Amazon Prime [3] - In 2024, the company achieved revenue of 2.401 billion HKD and a net profit of 143 million HKD, returning to profitability [3] Industry Analysis - The global copyright protection industry is driven by three main factors: the continuous expansion of copyright content assets, the persistent issue of piracy, and the opportunities presented by AI in content creation [4] - The market size of the core copyright industry in the U.S. is projected to reach 2.09 trillion USD by 2024, while China's online copyright industry has surpassed 1.6 trillion CNY as of 2023 [4] - The global third-party copyright protection technology service market is expected to reach 4.83 billion USD by 2025, growing at a rate of 18.2% year-on-year, and is projected to reach 10.01 billion USD by 2030 with a CAGR of 15.7% [5] Competitive Landscape - The independent copyright protection technology service industry is a niche segment within the larger piracy industry, with the company leading the market in both the U.S. and China, generating over 300 million USD in annual revenue [5] - The domestic market is expected to benefit from copyright protection technology, particularly for long videos and new content formats like micro-short dramas [5] Company Advantages - The company possesses three core advantages: a vast data reservoir, advanced algorithms, and exclusive API access [6] - It has the largest audiovisual content digital fingerprint database, with over 10 million film and television programs accumulated by April 2025 [6] - The company has been recognized for its leading VDNA/watermark and web-crawling algorithms, outperforming 13 global competitors in technical evaluations [7] - As the only independent copyright protection service provider with access to APIs from platforms like YouTube, Facebook, Instagram, and SoundCloud, the company has a competitive edge in content resource retrieval [7]

Core Insights - The report highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2][3][4][5]. Group 1: Increased Holdings - Beijing North Star Industrial Co., Ltd. (00588) saw the largest increase in holdings, up by 1.58%, with a current holding ratio of 43.40% [1] - Fubo Group (03738) and Weimob Inc. (02013) also experienced notable increases of 1.37% and 0.99%, respectively, with holding ratios of 35.89% and 30.88% [1] - Over the last five trading days, Delin Holdings (01709) had the highest increase at 7.63%, bringing its holding ratio to 25.85% [3] - Changfei Optical Fiber Cable (06869) and Haotian International Construction Investment (01341) also saw significant increases of 6.30% and 5.11%, with holding ratios of 53.79% and 57.60% [3] Group 2: Decreased Holdings - Ganfeng Lithium Co., Ltd. (01772) experienced the largest decrease in holdings, down by 3.11%, with a current holding ratio of 33.86% [2] - Longpan Technology (02465) and Southern Hengsheng Technology (03033) also saw decreases of 2.61% and 1.48%, with holding ratios of 43.90% and 58.49% [2] - Over the last five trading days, Yisou Technology (02550) had the most significant decrease at 8.24%, with a holding ratio of 48.23% [3] - Longpan Technology (02465) and Kailai Ying (06821) also faced reductions of 4.48% and 4.45%, with holding ratios of 43.90% and 46.47% [3] Group 3: 20-Day Changes - Over the past 20 days, Changfei Optical Fiber Cable (06869) had the highest increase at 25.23%, with a holding ratio of 53.79% [4] - Other notable increases included Dongfang Electric (01072) and China Energy Construction (03996), with increases of 12.87% and 11.27%, holding ratios of 40.20% and 20.35% respectively [4] - Conversely, Marco Digital Technology (01942) saw the largest decrease at 9.71%, with a holding ratio of 42.65% [5] - Longpan Technology (02465) and Chongqing Steel (01053) also experienced significant decreases of 6.82% and 6.48%, with holding ratios of 43.90% and 33.24% [5]

Key Points - Xiaomi Group-W (01810), Crystal International Holdings (02228), and BYD Electronic (00285) ranked top in net inflow of southbound funds, with net inflows of 562 million, 227 million, and 213 million respectively [1][2] - Xpeng Motors-W (09868), Innovent Biologics (01801), and Ganfeng Lithium (01772) had the highest net outflows, with net outflows of -663 million, -535 million, and -410 million respectively [1][2] - In terms of net inflow ratio, Haitian Flavoring and Food (03288), Jiangsu Nanjing Highway (00177), and Swire Properties B (00087) led the market with ratios of 55.51%, 49.37%, and 46.46% respectively [1][2] - The highest net outflow ratios were recorded by Reshape Energy (02570), Southbound Hang Seng Index ETF (03037), and First Pacific Company (00142) with ratios of -90.77%, -68.70%, and -60.36% respectively [1][3] Net Inflow Rankings - Xiaomi Group-W (01810) had a net inflow of 562 million, representing 8.75% of its closing price of 50.800, which decreased by 0.88% [2] - Crystal International Holdings (02228) saw a net inflow of 227 million, with a net inflow ratio of 11.34% and a closing price of 7.450, which increased by 4.78% [2] - BYD Electronic (00285) recorded a net inflow of 213 million, with a net inflow ratio of 13.41% and a closing price of 38.680, which increased by 6.15% [2] Net Outflow Rankings - Xpeng Motors-W (09868) experienced the largest net outflow of -663 million, with a net outflow ratio of -20.13% and a closing price of 83.600, which increased by 5.36% [2] - Innovent Biologics (01801) had a net outflow of -535 million, with a net outflow ratio of -19.67% and a closing price of 89.950, which decreased by 1.42% [2] - Ganfeng Lithium (01772) recorded a net outflow of -410 million, with a net outflow ratio of -19.45% and a closing price of 34.000, which increased by 20.91% [2] Net Inflow Ratio Rankings - Haitian Flavoring and Food (03288) had a net inflow ratio of 55.51%, with a net inflow of 21.1399 million and a closing price of 33.560, which decreased by 0.47% [3] - Jiangsu Nanjing Highway (00177) recorded a net inflow ratio of 49.37%, with a net inflow of 14.6726 million and a closing price of 9.980, which decreased by 0.40% [3] - Swire Properties B (00087) had a net inflow ratio of 46.46%, with a net inflow of 4.0945 million and a closing price of 12.160, which decreased by 0.57% [3]

Group 1 - The core viewpoint of the article highlights the decline in the stock price of Fubo Group, which fell by 2.38% to 5.33 HKD per share, with a trading volume of 3.01 billion HKD as of 13:15 on August 13 [1] - Fubo Group focuses on SaaS services for digital content asset protection and trading, providing patented digital fingerprint and watermark solutions to enhance copyright protection and distribution revenue in industries such as film, television, and streaming [1] - The company leverages AI technology and Web3 digital infrastructure to offer efficient digital asset protection and trading services for global content creators, facilitating effective value chain transmission in the industry [1] Group 2 - As of the 2024 annual report, Fubo Group reported total revenue of 2.224 billion HKD and a net profit of 132 million HKD [2]

Core Insights - The article highlights the changes in the Hong Kong Stock Connect holdings, indicating significant increases and decreases in ownership percentages for various companies [1][2]. Group 1: Increased Holdings - Longpan Technology (02465) saw the largest increase in holdings, up by 3.25% to a total of 46.51% [1] - Derin Holdings (01709) experienced a 2.51% increase, bringing its total to 25.62% [1] - HuTongDa Network (09878) increased by 2.39%, reaching 29.81% [1] - In the last five trading days, Changfei Optical Fiber Cable (06869) had the highest increase at 7.59%, with a total holding of 53.37% [1] - Derin Holdings (01709) also saw a significant increase of 7.29% [1] Group 2: Decreased Holdings - Kailaiying (06821) had the largest decrease in holdings, down by 3.38% to 47.22% [1] - Dongyang Sunshine Pharmaceutical (06887) decreased by 1.55%, now at 51.49% [1] - Fubo Group (03738) saw a reduction of 1.26%, with a current holding of 34.52% [1] - Over the last five trading days, Hengsheng China Enterprises (02828) experienced the most significant drop at -16.55%, now at 2.47% [1] Group 3: Long-term Trends - Over the past 20 days, Changfei Optical Fiber Cable (06869) had a substantial increase of 24.95%, reaching 53.37% [1] - Derin Holdings (01709) increased by 10.51% over the same period, now at 25.62% [1] - The data indicates a trend of fluctuating investor interest in various sectors, with some companies gaining traction while others are losing it [1][2].

Key Points - The top three stocks with net inflows from southbound funds are Yingfu Fund (02800) with 1.184 billion, Alibaba-W (09988) with 730 million, and Hang Seng China Enterprises (02828) with 556 million [1] - The top three stocks with net outflows are WuXi Biologics (02269) with -539 million, Hua Hong Semiconductor (01347) with -509 million, and SMIC (00981) with -432 million [1] - In terms of net inflow ratio, Shanghai Industrial Holdings (00363) leads with 63.56%, followed by Bank of China Aviation Leasing (02588) with 60.26%, and Sunshine Insurance (06963) with 55.37% [1] - The top three stocks with the highest net outflow ratios are GX China (03040) at -100.00%, Southern Hang Seng Index ETF (03037) at -65.52%, and Sichuan Chengyu Expressway (00107) at -49.23% [1] Top 10 Net Inflows - Yingfu Fund (02800) had a net inflow of 1.184 billion, representing a 16.79% increase, closing at 25.380 [2] - Alibaba-W (09988) saw a net inflow of 730 million, with a 10.34% increase, closing at 116.300 [2] - Hang Seng China Enterprises (02828) had a net inflow of 556 million, with an 8.70% increase, closing at 91.160 [2] - Xiaomi Group-W (01810) had a net inflow of 473 million, with a 6.69% increase, closing at 51.250 [2] - Zai Ding Pharmaceutical (09688) had a net inflow of 429 million, with a 26.73% increase, closing at 27.200 [2] Top 10 Net Outflows - WuXi Biologics (02269) experienced a net outflow of -539 million, with a -33.02% decrease, closing at 29.360 [2] - Hua Hong Semiconductor (01347) had a net outflow of -509 million, with a -21.78% decrease, closing at 44.000 [2] - SMIC (00981) saw a net outflow of -432 million, with a -3.98% decrease, closing at 48.660 [2] - Kuaishou-W (01024) had a net outflow of -292 million, with a -14.76% decrease, closing at 79.150 [2] - Juzi Biotechnology (02367) experienced a net outflow of -220 million, with a -24.75% decrease, closing at 59.000 [2] Net Inflow Ratios - Shanghai Industrial Holdings (00363) had a net inflow ratio of 63.56%, with a net inflow of 11.36 million, closing at 14.870 [3] - Bank of China Aviation Leasing (02588) had a net inflow ratio of 60.26%, with a net inflow of 3.56 million, closing at 73.500 [3] - Sunshine Insurance (06963) had a net inflow ratio of 55.37%, with a net inflow of 2.48 million, closing at 3.790 [3] - Poly Property (06049) had a net inflow ratio of 52.60%, with a net inflow of 1.14 million, closing at 34.880 [3] Net Outflow Ratios - GX China (03040) had a net outflow ratio of -100.00%, with a net outflow of -7100.00, closing at 35.460 [3] - Southern Hang Seng Index ETF (03037) had a net outflow ratio of -65.52%, with a net outflow of -724,900, closing at 25.400 [3] - Sichuan Chengyu Expressway (00107) had a net outflow ratio of -49.23%, with a net outflow of -380,740, closing at 4.920 [3]

Group 1 - The core viewpoint of the article highlights the decline in the stock price of Fubo Group, which fell by 2.0% to HKD 5.38 per share, with a trading volume of HKD 375 million as of 10:48 AM on August 12 [1] - Fubo Group focuses on SaaS services for digital content asset protection and trading, offering patented digital fingerprint and watermark solutions to enhance copyright protection and distribution revenue in industries such as film, television, and streaming [1] - The company leverages AI technology and Web3 digital infrastructure to provide efficient digital asset protection and trading services for global content creators, facilitating effective value chain transmission in the industry [1] Group 2 - As of the 2024 annual report, Fubo Group reported a total revenue of HKD 2.224 billion and a net profit of HKD 132 million [2]

Core Viewpoint - The company, Fubo Group (03738.HK), has announced a board meeting scheduled for August 28, 2025, to review and approve its interim results for the six months ending June 30, 2025, consider the proposal for an interim dividend, and address other matters [1] Summary by Relevant Sections - **Board Meeting Announcement** - The board meeting will take place on August 28, 2025 [1] - The meeting will focus on reviewing and approving the interim results for the six months ending June 30, 2025 [1] - **Dividend Consideration** - The board will consider the proposal for an interim dividend, if any [1] - **Other Matters** - Additional matters will also be addressed during the board meeting [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損 失承擔任何責任。 阜 博 集 團 有 限 公 司（「 本 公 司」）董 事 會（「 董 事 會」）宣 佈 ， 本 公 司 將 於 2025 年 8 月 28 日（ 星 期 四 ）召開董事會會議，以(i)審議及批准本公司及其附屬公司截至2025年6月30日止六個月之 中期業績，(ii)考慮建議派發中期股息（ 如有），及(iii)處理其他事項。 承董事會命 阜博集團有限公司 主席 王揚斌 Vobile Group Limited 阜 博 集 團 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：3738） 董事會召開日期 香港，2025年8月12日 於本公告日期，本公司董事會由執行董事王揚斌先生及王偉軍先生；非執行董事陳筠霖女士及鄧以海先生； 及獨立非執行董事Alfred Tsai CHU先生、Charles Eric EESLEY先生及關毅傑先生組成。 ...

Group 1 - On August 8, several stocks including Hutchison Whampoa, Nanjing Panda Electronics, Oriental Selection, Fubo Group, Zai Ding Pharmaceutical, and Huitongda Network made their debut on the Hong Kong Stock Connect active trading list for the first time in a month [1][2] - The total trading volume of active stocks on August 8 reached 33.757 billion HKD, accounting for 27.32% of the total trading amount on that day, with a net buying amount of 1.614 billion HKD [1] - Among the active stocks, SMIC had the highest trading volume at 11.074 billion HKD, followed by Alibaba and Xiaomi with trading amounts of 3.887 billion HKD and 3.800 billion HKD respectively [1] Group 2 - Hutchison Whampoa had a trading volume of 0.958 billion HKD with a net selling of 0.158 billion HKD, closing down 15.99% [2] - Nanjing Panda Electronics recorded a trading volume of 1.075 billion HKD with a net selling of 0.025 billion HKD, closing down 10.40% [2] - Oriental Selection had a trading volume of 1.024 billion HKD with a net buying of 0.056 billion HKD, closing up 12.32% [2] - Fubo Group had a trading volume of 0.747 billion HKD with a net buying of 0.031 billion HKD, closing up 18.36% [2] - Zai Ding Pharmaceutical had a trading volume of 0.768 billion HKD with a net buying of 0.217 billion HKD, closing down 10.47% [2] - Huitongda Network had a trading volume of 1.758 billion HKD with a net buying of 0.076 billion HKD, closing up 26.90% [2]