Core Viewpoint - As of August 1, 2023, the stock price of Douyin Technology (01961.HK) closed at HKD 0.305, marking a decline of 1.61% from the previous trading day, with an intraday low of HKD 0.280, the lowest in nearly a year [1] Group 1: Company Overview - Douyin Technology International (Cayman) Group Limited is a Chinese digital entertainment content provider, established in 2011, offering a diverse content portfolio including mobile games primarily for the Android operating system, e-magazines, and other digital media content such as comics and music [1] - From 2016 to 2019, the company focused mainly on casual mobile games, and since 2017, it has also developed and operated premium mobile games, launching its first multiplayer mobile game in January 2019 [1] - Since 2018, the company has collaborated with clients to utilize its game broadcasting time for advertising their media content [1] Group 2: Financial Performance - On the same day, the main capital inflow was HKD 0.364 million, while there was a net outflow of HKD 2.25 million [1]

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