[Brokerage Focus] China Securities Co., Ltd. maintains a 'buy' rating on Ali Pictures and is bullish on the offline performance leader Maoyan's growth prospects.

China Securities Co., Ltd. released research reports stating that they bullish on Alibaba Pictures, which has good growth potential due to its leading position in offline performances and increased valuation flexibility. At the same time, film content and ticketing are still important business pillars with steady growth. The report indicates that 1) the leading position in offline performances benefits from the continuous high growth of the market and deepening internal cooperation within the company. From the market perspective, the number of performances and single performance viewers are increasing from the same quarter, with a stable average ticketing price. It is expected that the offline performances market will continue to grow in the 2025 fiscal year. With the arrival of the peak summer season, the trend of high growth is expected to continue. In addition, Damai is expected to continue to increase its participation depth and expand in the live entertainment industry chain.

金吾財訊Jul 16 03:30 ET

Hong Kong stock concept tracking | Summer box office breaks 4 billion! Shen Teng's new film "Claw Catcher" ignites the film market (with concept stocks)

According to Lighthouse Professional Edition data, as of 13:34 on July 14, the total box office (including pre-sales) of the 2024 summer season (June 1-August 31) has exceeded 4 billion yuan.

Zhitong FinanceJul 14 19:54 ET

Alibaba Pictures Group Limited's (HKG:1060) Stock Price Dropped 6.5% Last Week; Public Companies Would Not Be Happy

Key Insights The considerable ownership by public companies in Alibaba Pictures Group indicates that they collectively have a greater say in management and business strategy Alibaba Group Holding Li

Simply Wall StJun 25 02:33 ET

GF Sec: China leads global box office recovery as the market shifts from left to right.

In 2023, the "peak season" market trend has shifted to the right. This is because the market expectations before the peak season are generally low, so funds prefer to cash in performance expectations after the box office results are finalized. The domestic film market was relatively sluggish in June of this year, so the summer box office season has not yet started, and the film and television sector as a whole is at a low valuation.

Zhitong FinanceJun 24 23:23 ET

Ali Pictures issued 226 million new shares to the trustee on June 21

Ali Pictures (01060) announced that on June 21, 2024, 226 million new shares will be distributed and issued to trustees to fulfill the share incentive plan adopted on December 30, 2016 and revised on March 29, 2019, January 17, 2020, and August 30, 2023. On June 12, 2023, 206 million shares and 19.44 million shares of incentive shares were respectively granted to non-related grantees.

新浪港股Jun 23 20:43 ET

Ali Pictures (01060) issued 226 million new shares to the trustee on June 21.

Ali Pictures (01060) announced that 226 million new shares will be distributed and issued on June 21, 2024...

Zhitong FinanceJun 21 08:35 ET