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
Cloud Music Inc. Adds Expansive K-Pop Portfolio With JYP Entertainment Agreement
Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today...
雲音樂:2023年度報告
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.
Express News | Alibaba reduced its shareholding in Cloud Music from 9.35% to 8.32%.
Taobao China Holding Limited sold 2.2 million common shares of Cloud Music (09899.HK) worth approximately HK$192 million off the market
On April 18, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on April 18, Taobao China Holding Limited sold $2.2 million shares of $Cloud Music (09899.HK) off the market at an average price of HK$87.13 per share on April 17, worth about HK$192 million. After the sale, Taobao China Holding Limited's latest shareholding was 17.8856 million shares, and the good position ratio dropped from 9.35% to 8.32%. This transaction involves other related parties: Alibab
Changes in Hong Kong stocks | Cloud Music (09899) rose more than 4% Suno launched a V3 music generation model, and the company's profit improvement in 2023 exceeded expectations
Cloud Music (09899) rose more than 4% in the afternoon. As of press release, it had risen 4.09% to HK$91.6, with a turnover of HK$6.243,200.
Music ChatGPT time is here! Suno launches V3 to generate 2 minutes of audio in just a few seconds
On March 22, 2024, Suno, an innovator in the field of music technology, officially released the V3 music generation model
Cloud Music (09899.HK): 2023 Profit Improvement Exceeds Expectations and Refocuses Online Music
Cloud Music achieved revenue of 7.87 billion yuan in 2023, yoy -13%; comprehensive gross profit margin of 26.7%, yoy+12.3pct; non-IFRS net profit of 820 million yuan (-1 in '22.
Express News | NetEase Cloud Music's response is broken: due to network abnormalities
Orient Securities: Maintaining Cloud Music (09899)'s “Buy” Rating Target Price of HK$133.85
Orient Securities expects the net profit of Cloud Music (09899) to be 734/10.36/1,521 million yuan in 2023-25, respectively.
Cloud Music (9899.HK) 23H2 Financial Report Review: Music Payments Continue to Grow, and Members Become Profit Engines
23H2's revenue was 3.96 billion (yoy -16%, hoh +1%), mainly due to business strategy adjustments and internal control of the live streaming business. We expect 24H1 to reach 3.6 billion, mainly traffic rights on the home page of the live streaming business
Cloud Music (9899.HK): Online music business continues to improve profitability due to healthy growth, cost control and improved operational efficiency
The social entertainment sector drove down revenue growth and achieved full-year profits for the first time. In 2023, the company achieved revenue of 7.87 billion yuan, a year-on-year decrease of 12.5%, mainly due to the company's adoption of prudent management strategies, reduced live streaming and reduced revenue share
Cloud Music (9899.HK): Community commercialization accelerates and turns losses into profits throughout the year
Guide to this report: The company's performance for the full year of 2023 was better than expected, the profitability of community users improved markedly, and turned a loss into a profit throughout the year. Summary: Maintaining the “Accumulation” rating, updated target price of HK$110.64. The company's annual performance is good
Changes in Hong Kong stocks | Cloud Music (09899) rose more than 6%, profitability continued to improve, institutions are optimistic about the growth of its core music business
Cloud Music (09899) rose more than 6%. As of press release, it had risen 6.37% to HK$90.2, with a turnover of HK$3,913,000.
Announcement Highlights | NIO's Q4 revenue increased 6.5% year on year to 17.103 billion yuan; Great Wall Motor's February sales increased 4.12% year on year
China Electric Power's combined total electricity sales volume in January was 10.3482 million megawatt-hours, an increase of 41.15% over the previous year; Shanghai Pharmaceutical: Norepinephrine bitartrate injection passed the generic drug consistency evaluation.
Cloud Music (09899.HK) grants 1.34 million bonus shares to 371 employee participants
Gelonghui March 5 | Cloud Music (09899.HK) announced that the company awarded rewards to a number of eligible participants (as grantees) on March 5, 2024. Among them, 1,339,326 award shares were granted to 371 employee participants, and 32,300 award shares were awarded to 6 participants from related entities.
Cloud Music (09899) issues 300 shares under the adopted pre-initial public offering equity incentive plan
Cloud Music (09899) issued an announcement. According to the “Pre-Initial Public Offering Equity Incentive Plan” adopted in 2016,...
Cloud Music (09899.HK): Significant optimization of music copyright costs, outstanding platform community attributes
Incident: The company announced its 2023 results. The company achieved operating income of 7.87 billion yuan, a year-on-year decrease of 12.5%; net profit of 730 million yuan, a loss of 220 million yuan in 2022, turning a loss into a profit; adjusted net
CMB International: Maintaining Cloud Music (09899)'s “Buy” Rating Target Price Raised to HK$106.5
CMB International is optimistic about the future development and gross margin expansion of Cloud Music (09899)'s core business.
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