China Ruyi Expands With TFI Investment in New Share Subscription

TipRanksFeb 14 09:38 ET

[Brokerage Focus] Soochow has initiated a "Buy" rating for CHINA RUYI (00136), bullish on its ability to produce high-quality content and its upcoming film and game developments.

Jinwu Financial News | Soochow Securities pointed out that CHINA RUYI (00136) has strong business barriers in the production and investment of film and television content, which come from the company's accumulation over the past decade. From book IP to TV drama production to film production, the company has steadily progressed, continuing to uphold its vision for IP and the potential for blockbuster film and television content while gradually expanding its ability to create high-quality content. This capability has been validated by historical data on the popularity of TV dramas and box office revenue from films. The firm indicated that in the gaming business, cooperation with Tencent provides a solid foundation for the company, and it is also continually exploring...

Jingwu Financial NewsFeb 10 02:14 ET

Hong Kong stocks movement | CHINA RUYI (00136) rises over 3%, the company's Business boundaries are continuously expanding, and the gaming Business has seen rapid growth in recent years.

CHINA RUYI (00136) rose over 3%, as of the time of this report, increasing by 3.52% to 2.65 Hong Kong dollars, with a transaction volume of 0.11 billion Hong Kong dollars.

Zhitong FinanceFeb 9 21:34 ET

China Ruyi Plans Up to HK$3.87 Billion Share Sale

MT NewswiresJan 28 04:05 ET

CHINA RUYI (00136.HK) plans to issue subscription shares and place new shares to raise approximately 3.875 billion Hong Kong dollars.

On January 28, Gelonghui reported that CHINA RUYI (00136.HK) announced that on January 27, 2025, the company and the subscribers (Sunshine Life Insurance and TFI Investment) entered into a subscription agreement. According to this, the subscribers have conditionally agreed to subscribe, and the company has conditionally agreed to issue a total of approximately 1.1445 billion subscribed shares at a subscription price of HKD 2.37 per share, in accordance with the terms and conditions specified in each subscription agreement. The total proceeds from the share subscription amount to approximately HKD 2.712 billion (equivalent to about USD 0.35 billion), after deducting relevant expenses.

Gelonghui FinanceJan 27 19:42 ET

China Ruyi to Use Proceeds for Business Expansion Including Content Production, Purchase of Drama Script

Dow JonesJan 27 19:41 ET

China Ruyi Seeks to Raise HK$3.87B via Share Placement

Dow JonesJan 27 19:38 ET

Express News | Hengten Networks - to Issue 1.14 Bln Subscription Shares at HK$2.37 per Share

ReutersJan 27 19:25 ET

Investors in China Ruyi Holdings (HKG:136) Have Seen Solid Returns of 128% Over the Past Five Years

Simply Wall StJan 22 22:01 ET

China Ruyi Strengthens Gaming Portfolio With Tencent Acquisition

TipRanksJan 13 10:08 ET

CHINA RUYI (00136.HK) intends to acquire 30% equity of Peking Yonghang Technology for 0.825 billion yuan.

On January 13, during the meeting of Gelonghui, CHINA RUYI (00136.HK) announced that on January 13, 2025, the group signed an Equity Transfer agreement to acquire 30% of the shares of the target company, Peking Yonghang Technology Co., Ltd., from TENCENT's subsidiary, a major shareholder of the company. The core assets of the target company include games such as "QQ Dance", "QQ Dance 2", and "QQ Dance Mobile Game", with a total cost of 0.825 billion yuan, which includes (i) Cash 0.7425 billion yuan, and (ii) the company will issue and allocate 36,66 shares at a price of 2.432 Hong Kong dollars per share to Hong Kong TENCENT or its designated party.

Gelonghui FinanceJan 13 10:02 ET

Express News | China Ruyi - Total Consideration of RMB825 Mln

ReutersJan 13 09:58 ET

Express News | China Ruyi - Acquisition of 30% Equity Interest in Target Company

ReutersJan 13 09:58 ET

China Ruyi Holdings (HKG:136) Is Looking To Continue Growing Its Returns On Capital

Simply Wall StJan 7 18:42 ET

Hong Kong stocks fluctuating | CHINA RUYI (00136) rises over 3% against the market trend, with the box office share of domestic films in 2024 accounting for nearly 80%. The company is involved in several high-quality films.

CHINA RUYI (00136) rises over 3% against the market trend, as of the time of writing, it has increased by 3.67%, priced at 2.54 Hong Kong dollars, with a transaction volume of 36.0124 million Hong Kong dollars.

Zhitong FinanceJan 1 21:14 ET

CHINA RUYI (00136.HK) issued 1.1 billion shares due to the exercise of stock warrants.

On December 30, Gelonghui reported that CHINA RUYI (00136.HK) released an announcement that, according to the warrant document dated January 20, 2021, 1.1 billion shares will be issued on December 27, 2024, due to the exercise of warrants.

Gelonghui FinanceDec 29, 2024 19:04 ET

China Ruyi Secures Approval for Revised Receivable Caps

TipRanksDec 18, 2024 05:40 ET

China Ruyi to Hold Special Meeting on Financial Plans

TipRanksNov 29, 2024 04:20 ET

Hong Kong stocks concept tracking | IP derivatives meet current consumer needs. The cereal economy games and film and animation IPs occupy a major position (including concept stocks).

According to Gamma Data, representative IPs in the gaming industry have achieved revenue exceeding 200 billion yuan.

Zhitong FinanceNov 27, 2024 20:45 ET

Retail Investors Are China Ruyi Holdings Limited's (HKG:136) Biggest Owners and Were Rewarded After Market Cap Rose by HK$1.4b Last Week

Simply Wall StNov 14, 2024 18:51 ET