Earnings Season Forecast: May Day Consumption: Travel Chain Quarterly Report takes the lead in “Good News”, and “Refreshing in Zi” is expected to be staged again
As the first five-day holiday after the Spring Festival, the May Day holiday has always been a “golden week” for travel and consumption. Looking back on the Qingming holiday, travel spending and movie box office data are all impressive.
Analysts Offer Insights on Communication Services Companies: Alibaba Pictures Group Limited (HK:1060) and Telefonica (GB:0TDE)
The industry's forecast for 11 movies to “compete on the same stage” is likely to surpass last year's box office of 1.3 billion
The “May Day” holiday is approaching, and the film market is booming again. A total of 11 movies have been scheduled for the May 1st edition, and the total box office (including pre-sale) of the series has exceeded 24.63 million yuan.
Net profit for the first quarter is expected to reverse the year-on-year loss. Yuanlong Yatu's subsidiary received 10 million strategic investments from Lehua Entertainment and Alibaba Pictures
① Yuanlong Yatu, which was once fueled by “Bingdun” and “Rong Bao,” expects net profit for the first quarter to reverse the year-on-year loss, achieving revenue of about 600 million yuan, an increase of about 46% over the previous year. ② In an environment where the marketing industry's budget is getting tighter, Yuanlong Yatu turned to the “entertainment industry” and developed artist IP and other collaborations with Lehua Entertainment. The subsidiary Wow Universe recently received the first round of 10 million strategic investments from Lehua Entertainment and Alibaba Pictures.
Li Jie sold 33,300 shares of the associated corporation of Alibaba Pictures (01060.HK), worth about US$309,700
On April 17, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 17, Li Jie sold 331,000 shares of Alibaba Group Holding Limited, an associated corporation worth about US$309,700, at an average price of US$9.3457 per share on April 11. After the sale, Li Jie's latest shareholding in the associated corporation was 575,400 shares, with a good position ratio of 0.00%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, the majority shareholder (holding 5% of the shares
Express News | Yuanlong Yatu's subsidiary, Wow Universe received strategic investment from Lehua Entertainment and Alibaba Pictures
The Chairman of the Board of Directors sold 23,200 common shares of the associated corporation of Alibaba Pictures (01060.HK), worth approximately HK$1,647,600
On April 9, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 9, Fan Luyuan sold 23,200 common shares of Alibaba Group Holdings Co., Ltd., an associated corporation worth about HK$1.647,600, at an average price of HK$70.92 per share on April 2. After the sale, Fan Luyuan's latest shareholding number of shares in the associated corporation was 3.343,500 shares, with a good position ratio of 0.02%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? As required by the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) are required to disclose their
Alibaba Pictures (01060.HK) subsidiary signs 2024 operation service agreement with Tmall entity
Alibaba Pictures (01060.HK) announced that since the 2021 operating service agreement expired on March 31, 2024, Authorized Bao (an indirect wholly-owned subsidiary of the company) and Tmall Entity (Tmall Network and Tmall Technology) signed a 2024 operation service agreement on April 8, 2024 to renew the 2021 operation service agreement for a period of 3 years from April 8, 2024 to March 31, 2027. According to the 2024 operation service agreement, the Tmall entity has agreed to use it, and Authorized Pool has agreed to provide operation services (subject to the relevant annual limit).
Changes in Hong Kong stocks | Film concept stocks generally rose, Huanxi Media (01003.HK) rose more than 7%, and Qingming box office reached a record high
Film concept stocks generally rose. As of press release, Huanxi Media (01003.HK) rose 7.55% to HK$0.57; Maoyan Entertainment (01896.HK) rose 5.3% to HK$9.73; Straw Bear Entertainment (02125.HK) rose 2.5% to HK$0.41; and Alibaba Pictures (01060.HK) rose 1.12% to HK$0.45.
In March, the box office “Off Season Is Not Light” introduced films to embrace market opportunities based on word of mouth
According to Xinhua News Agency, in the mainland China film market, March is usually a “low season” at the box office. There are no major holidays during this period, and few major production mainland films are screened.
Can 7 new movies “stir up” the Qingming Festival when the film market enters the off-season?
The Qingming Festival is coming, and 7 movies have already been screened and pre-sale has begun. Film industry insiders told the Financial Federation reporter that there is currently an adequate supply of Qingming movies and a variety of genres. Imported films may drive enthusiasm for watching movies, and there is also an opportunity for “dark horses” to be born in small stalls.
Alibaba Pictures (01060.HK): Strong supply and demand in the performance industry focus on the development potential of barley
Recent developments in the company Recently, we organized a special CEO survey on Alibaba Pictures. The company said that the Chinese performance industry is currently characterized by strong supply and demand. The market size in 2023 has increased significantly compared to 2019, and that Damai is in the industry
Changes in Hong Kong stocks | Movie concept stocks rose in the afternoon, demand for watching movies continued to release, and domestic video models gradually matured
Film concept stocks rose in the afternoon. As of press release, Litian Pictures (09958) rose 5.73% to HK$3.69; Ning Meng Film and Television (09857) rose 5.43% to HK$6.79; Maoyan Entertainment (01896) rose 3.5% to HK$10.66; and Alibaba Pictures (01060) rose 3.33% to HK$0.465.
Hong Kong stock concept tracking | AI multi-modal large model, rapid iteration, institutions focus on the rapid growth of film and television companies (with concept stocks)
The continuous iteration of AI products such as AI+2D and AI+3D will further promote the implementation of AI in downstream industries.
Changes in Hong Kong stocks | Litian Business (09958) rose nearly 14%, leading the film concept, and the total annual film box office exceeded 15 billion yuan
Movie concept stocks had the highest gains. As of press release, Litian Pictures (09958) rose 13.91% to HK$3.85; China's Ruyi (00136) rose 10.69% to HK$1.76; Maogan Entertainment (01896) rose 4.16% to HK$10.52; and Alibaba Pictures (01060) rose 2.27% to HK$0.45.
Alibaba Pictures (01060) promotes strategic cooperation with Ghibli, and film actors work together to present classic Miyazaki animations
Cinematographers join forces to present classic Miyazaki animations
Futu Morning Post | Yellen: US interest rates are unlikely to return to pre-COVID-19 levels; Tesla hit a new low since May last year, Wall Street views are becoming more pessimistic
Analyst: There may be no bubble in US stocks, but a correction may be imminent; Japanese companies will carry out the biggest salary increases in decades, and the prospects for interest rate hikes will be further strengthened; US Steel has plummeted by nearly 13%, and Biden will allegedly interfere with Japan Steel's acquisition.
Alibaba Entertainment Releases “Hong Kong Art Revitalization Plan” Phoenix Yunzhi iRENA Exploring Technology Going Overseas
Alibaba Entertainment released the “Hong Kong Arts Revitalization Plan”, announcing that it will invest no less than HK$5 billion in the next 5 years in the four major fields of Hong Kong series, movies, performances, and youth talent training. Alibaba Pictures officially unveiled the Phoenix Yunzhi International Edition iCiRena, exploring a new path for the entertainment industry to “go overseas with technology”.
Alibaba's Media Arm to Invest $640 Million in Hong Kong Entertainment
By Kimberley Kao Alibaba Group's media and entertainment arm will spend about US$640 million to promote movies, television dramas and creative events in Hong Kong over the next five years, coming aft
Changes in Hong Kong stocks | Alibaba Pictures (01060) rose nearly 5%, and its second global headquarters will land in Hong Kong, Alibaba Entertainment launches the “Hong Kong Arts Revitalization Plan”
Alibaba Pictures (01060) rose nearly 5%. As of press release, it rose 4.82% to HK$0.435, with a turnover of HK$18.8058 million.
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