AMTD Digital (HKD) Stock Rockets 208% on 1,086% Revenue Blast – Bubble or Bargain?
Recent News & Stock Surge In late October 2025, AMTD Digital stunned investors with a blockbuster earnings report. On Oct 31, the company announced H1 2025 revenue of $73.2M (up 1,085.9% YoY), driven by its October 2024 acquisition of TGE (bringing in L’Officiel and Art Newspaper) and growth in hospitality services streetinsider.com investing.com. Management highlighted $10.0M in media/marketing revenue (vs $4.4M prior) and $13.6M from hotels/VIP services (172% growth) streetinsider.com. Despite the revenue surge, a large portion came from fair-value gains ($47.9M on investment assets) streetinsider.com. Oct 31 Market Reaction: Traders piled in. HKD jumped from ~$1.69 pre-market to above