CCBI has released a report maintaining its Neutral rating on WB-SW (09898.HK) -1.100 (-1.472%) Short selling $253.15K; Ratio 3.740% and cutting its target price from HKD77.22 to HKD74.88.WB-SW's 1Q25 results beat expectations on the back of a YoY 89% surge in advertising revenue from BABA-W (09988.HK) +1.100 (+0.941%) Short selling $366.09M; Ratio 5.917% and lower-than-expected interest expenses, according to the report.Related NewsM Stanley's Latest Focus List for H Shrs, CN ADRs, A Shrs (Table)As a platform for sharing perspectives in China, Weibo is committed to exploring ways to activate platform traffic and fend off competition from emerging social and online entertainment platforms, but a weakening macro environment has heightened uncertainty and suppressed brand advertisers' budgets.In CCBI's estimates, WB-SW's short-term revenue growth will remain sluggish, given that a mild contraction in profit margins combined with increased AI investment may heap pressure on earnings.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)