中信证券此前指出，阜博集团系全球版权保护第三方技术服务行业龙头，具备数据储量、算法能力、独 家API三大核心优势。该行看好全球主要内容方/流媒体平台维持版权保护长期需求，AI创作视频在提升 创作效率的同时有望带来侵权内容供应量增长与AIGC原创资产保护新机遇，公司兼具优质赛道与竞争 优势，有望维持较高成长斜率。 智通财经APP获悉，阜博集团(03738)早盘涨超5%，截至发稿，涨4.31%，报5.32港元，成交额2.04亿港 元。 消息面上，阜博集团发布公告称，计划发行本金总额为16亿港元的零息可换股债券，预计于2026年到 期。公司发行债券的估计所得款项净额将约为15.66亿港元，即按初始换股价计算的净发行价为每股新 股份5.75港元。公司计划将50%用于开发及投资人工智能生成内容(AIGC)及现实世界资产(RWA)相关业 务，30%用于偿还现有债务，20%用于一般营运资金。该债券拟在维也纳证券交易所上市，同时申请香 港联交所批准新股份上市及交易。 ...

Core Viewpoint - Fubo Group (03738) plans to issue zero-coupon convertible bonds totaling HKD 1.6 billion, with an estimated net proceeds of approximately HKD 1.566 billion, aimed at funding AI-generated content and real-world asset-related businesses, debt repayment, and general working capital [1] Group 1: Company Financials - The company’s stock rose over 5% in early trading, currently at HKD 5.32, with a trading volume of HKD 204 million [1] - The estimated net issuance price for new shares is HKD 5.75 per share based on the initial conversion price [1] Group 2: Use of Proceeds - 50% of the proceeds from the bond issuance will be allocated to the development and investment in AI-generated content (AIGC) and real-world asset (RWA) related businesses [1] - 30% will be used to repay existing debts [1] - 20% will be allocated for general working capital [1] Group 3: Industry Position - Fubo Group is recognized as a leader in the global copyright protection third-party technology service industry, with core advantages in data reserves, algorithm capabilities, and proprietary APIs [1] - The demand for copyright protection from major content providers and streaming platforms is expected to remain strong, with AI-generated video creation potentially increasing both creative efficiency and the supply of infringing content, presenting new opportunities for AIGC original asset protection [1] - The company is positioned in a high-quality sector with competitive advantages, likely to maintain a high growth trajectory [1]

Group 1 - Fubo Group (03738) has seen a significant increase in stock price, rising over 8% and accumulating a total increase of over 90% within the month [1] - As of the latest update, the stock price is reported at 6.76 HKD with a trading volume of 314 million HKD [1] - The Chinese government has issued an opinion on August 26 regarding the implementation of "Artificial Intelligence+" actions, focusing on enhancing data supply innovation and improving data property rights and copyright systems [1] Group 2 - CITIC Securities highlights Fubo Group as a leader in the global copyright protection third-party technology service industry, emphasizing its core advantages in data volume, algorithm capabilities, and exclusive API [1] - According to China Merchants Securities, Fubo Group has made early investments in AI, improving content verification and monetization efficiency through multimodal large models, and collaborating with universities to develop digital content verification technologies and solutions in the AI field [1] - The company is actively promoting cooperation in API integration with platforms to drive domestic business growth [1]