AMTD Digital (HKD) Stock Rockets 208% on 1,086% Revenue Blast – Bubble or Bargain?
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, driven by its October 2024 acquisition of TGE and growth in hospitality services Streetinsider Investing. Management highlighted $10.0M in media/marketing revenue and $13.6M from hotels/VIP services Streetinsider. Despite the revenue surge, a large portion came from fair-value gains Streetinsider. Oct 31 Market Reaction: Traders piled in. HKD jumped from ~$1.69 pre-market to above $5 intraday ts2.tech. Volume hit over 100M shares, dwarfing the ~0.4M norm ts2.tech Tipranks. By midday, it was still +47% on the day ts2.tech. The frenzy mirrored the old 2022 “meme stock” mania ts2.tech ts2.tech. The stock eventually cooled to close at ~$2.95 Stockanalysis.