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Trending Industry Today: MOBVISTA Leads Losses In ByteDance Ecosystem Stocks
Hong Kong stocks fluctuated | Movie Concept stocks' gains expanded, ALI PICTURES (01060) rose over 11% in the afternoon, setting new historical records with both volume and price increases during the Spring Festival period.
The shares of film concept stocks have increased in value. As of the time of publication, ALI PICTURES (01060) has risen by 11.54%, priced at 0.58 HKD; HUANXI MEDIA (01003) has increased by 6%, priced at 0.53 HKD; MAOYAN ENT (01896) has risen by 3.5%, priced at 9.46 HKD; IMAX CHINA (01970) has increased by 1.09%, priced at 8.37 HKD.
The total box office of "Nezha: The Devil's Child" has exceeded 6 billion! This has ignited demand for related products, and collaborations are in high demand.
① The derivatives and co-branded products related to "Nezha 2", ranging from everyday consumer items like "Millets" merchandise and Dairy Products to Consumer Electronics and even hardcore products like Autos, have become the "highlights beyond the scene" for the Spring Festival in the Year of the Snake. ② Many manufacturers in Yiwu have been working overnight to produce "Nezha 2 phone cases", "Magic Towel headbands", and "albums", which have all sold over 10,000 units on PDD Holdings.
Trending Industry Today: YIDU TECH Leads Gains In ByteDance Ecosystem Stocks
ALI PICTURES and HUANXI MEDIA have reached a long-term Global Strategy cooperation.
On January 22, ALI PICTURES and HUANXI MEDIA officially reached a long-term Global Strategy partnership. Both parties announced that they will work together for a long time in the future, committing to invest 5 billion yuan over 8 years in the content creation and copyright cooperation of major theatrical film projects. They will explore innovations in video streaming services through efficient platform collaboration while continuously providing more high-quality content to the film market and instilling greater confidence. It is reported that ALI PICTURES and HUANXI MEDIA will jointly create a series of market-influential major theatrical film content, fully leveraging both parties' advantages in content creation, resource integration, and channel promotion, to jointly cultivate high-quality film projects and enhance the market performance of the works.
Why is Hongguo Short Drama betting on quality by investing money, traffic, and IP?
Article | Sina Technology, Xu Yuanlei is mastering a vast amount of IP and traffic with Hongguo short dramas, aggressively advancing in the free short drama segment, with premium quality becoming one of its key focuses moving forward. To this end, Hongguo short dramas have not only partnered with leading production companies like Huace, but have also teamed up with iQIYI, a long-video platform with rich experience in producing long dramas. iQIYI is transitioning from long to short, actively engaging in both paid and free short dramas, while Hongguo short dramas have consistently championed the free model. However, some industry insiders believe that in the future, Hongguo short dramas may become increasingly similar to 'Youku, iQIYI, and Tencent'.
Huanxi Media Group (HKG:1003 Shareholders Incur Further Losses as Stock Declines 16% This Week, Taking Five-year Losses to 61%