May 9 repurchase collection | HSBC Holdings, Hang Seng Bank, etc. are buying back one after another, of which HSBC Holdings spent HK$218 million
According to HKEx disclosure documents on May 10, $HSBC Holdings (00005.HK) $ and $Hang Seng Bank (00011.HK) $ repurchased shares. ① $HSBC Holdings (00005.HK) $ repurchased 3,09.76 million common shares on May 8, involving an amount of HK$218 million. The repurchase price per share ranged from HK$70.65 to HK$70.25. ② $Hang Seng Bank (00011.HK) $ repurchased 300,000 common shares on May 9, involving an amount of HK$319.023 million. The repurchase price per share ranged from HK$107.5 to HK$105
IMAX CHINA (01970.HK) spent HK$890,000 to buy back 119,900 shares on May 9
Gelonghui, May 9 | IMAX CHINA (01970.HK) announced that it spent 890,000 HK$890,000 to buy back 119,900 shares on May 9.
IMAX CHINA (01970) spent approximately HK$89,900 to buy back 119,900 shares on May 9
IMAX CHINA (01970) announced that it spent approximately 89.09 on May 9, 2024...
Express News | CITIC Construction Investment: The May 1st program is basically in line with expectations, focusing on the summer program
Express News | Cat's Eye Research Institute Report: The total number of viewers of the May 1st movie was 37.775 million, and the “older” trend is obvious
Imax China CFO/COO Resigns
Imax China Holding (HKG:1970) said its chief financial officer and chief operating officer, Jenny Jianing Chen, resigned due to her other career and personal pursuits, according to a Tuesday filing wi
Express News | Jenny Jianing Chen, financial director and operating director of iMAX China, resigns
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.
IMAX CHINA (01970.HK) controlling shareholder IMAX Corporation's net profit attributable to common shareholders of $3.274,000 in the first quarter increased 33.41% year-on-year
IMAX CHINA (01970.HK) announced the controlling shareholder IMAX Corporation's results for the first quarter of 2024, with revenue of US$79.123 million, a year-on-year decrease of 9%; net profit attributable to common shareholders of US$3.274,000, an increase of 33.41% year on year; and net profit per share of US$0.06.
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.
Changes in Hong Kong stocks | Huanxi Media (01003.HK) rose more than 18%, leading the film market continued to recover in the first quarter, and institutions are still optimistic about the subsequent schedule
Film and television stocks rallied higher. As of press release, Huanxi Media (01003.HK) rose 18.33% to HK$0.71; Ning Meng Film and Television (09857.HK) rose 3.31% to HK$8.43; Maogan Entertainment (01896.HK) rose 2.75% to HK$10.1; and IMAX China (01970.HK) rose 0.43% to HK$7.08.
IMAX and Bona Pictures Group expand cooperation to build 3 new laser theaters
Demand for movie viewing continues to grow. The two sides reached the first contract between Las Vegas and Shanghai after the pandemic, April 10, 2024/PRNewswire/ -- Bona Pictures Group (Shenzhen Stock Exchange: 001330) and IMAX Corporation (NYSE: IMAX), IMAX China (Hong Kong Stock Exchange: 1970) announced today that the two sides will further expand cooperation and build 3 new IMAX laser cinemas in China. The new cinema is expected to be officially opened to the public in 2026. This collaboration was held at the International Film Industry Fair CinemaC held in Las Vegas today
Express News | IMAX and Bona Pictures expand cooperation to set up three new IMAX cinemas in China
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.
IMAX CHINA: Annual Report 2023
Richard Lewis Gelfond sold 90,700 shares of IMAX China (01970.HK)'s associated corporation worth approximately US$1,524,200
On March 13, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 13, Richard Lewis Gelfond sold 90,700 shares of IMAX CORPORATION, a linked corporation worth approximately US$1,524,200, at an average price of US$16.8 per share on March 7. After the sale, Richard Lewis Gelfond's latest shareholding in the associated corporation was 4.012 million shares, and the good position ratio dropped from 7.70% to 7.53%. Additional Information: 25
Robert Darin Lister sold 33,200 shares of an associated corporation in iMAX China (01970.HK) worth approximately US$558,300
On March 13, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 13, Robert Darin Lister sold 33,200 shares of IMAX CORPORATION, a linked corporation worth approximately US$558,300, at an average price of US$16.8 per share on March 7. After the sale, Robert Darin Lister's latest shareholding in the associated corporation was 424,300 shares, and the good position ratio dropped from 0.86% to 0.80%. Additional Information: 2501:r
Big Bank Rating | Damo: Lowering IMAX China's target price to HK$6.7 to maintain “in sync with the market” rating
Glonghui, March 13 | Damo released a report saying that due to structural pressure, IMAX China's revenue recovery in the second half of last year was disappointing, raising concerns about its growth prospects this year and the long term. According to the bank, competitive pressure is still there, demand for Hollywood movies is still sluggish, and the cessation of dividend payments is also an unexpectedly negative factor. Damo's target price for IMAX China was lowered from HK$7.9 to HK$6.7, based on forecasting a target price-earnings ratio of 8 times in 2024. Due to the above growth pressure, the bank also lowered its 2024-2026 net profit forecast by about 17%, but remained “in sync with the market”
Announcement Highlights: Site B's net loss narrowed 36% year on year last year, and game revenue fell 12% year on year
MTR Corporation's total revenue in 2023 reached HK$56.982 billion, an increase of 19.2% over the previous year; Shanghai Pharmaceuticals: Citicoline Sodium Injection passed the consistent evaluation of generic drug quality and efficacy.
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