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Hong Kong stock concept tracking | The movie market is sluggish, and the supply of the film and television industry is expected to recover strongly in 2025 (with concept stocks).
In 2025, the film and television industry's supply is expected to recover strongly, bullish on AI video technology empowerment.
Why did ali pictures (01060.HK) deliver different performance against the trend?
Since the beginning of this year, especially in the third quarter, the film industry as a whole has entered a "cooling-off period". According to statistics, the total national box office for the first half of the year decreased by 9.51% year-on-year, and this data dropped by 43.8% year-on-year in the third quarter; in the first three quarters, more than 70% of A-share film and television companies experienced a dual decrease in revenue and profit, with over 60% falling into losses. However, on the other hand, the entire industry is still striving for breakthroughs. We can see that ali pictures has turned in a different answer, perhaps inspiring the industry. According to ali pictures' disclosed performance for the first half of 2024/25, as of September 30, 2024, it achieved an income of 30.
[Hong Kong Stock Connect] ali pictures (01060) fell 7.37% after performance, with half-year net profit decreasing by 27.4% year-on-year.
Jingu Financial News | ali pictures (01060) stock price fell after the performance report, as of press time, down 7.37%, at 0.44 Hong Kong dollars, with a turnover of 19.5881 million Hong Kong dollars. On the news side, the company recently announced its interim performance for the six months ended September, recording a net profit of 0.337 billion yuan (RMB, same below), a decrease of 27.4% year-on-year, with earnings per share of 1.14 cents. No dividend. Revenue for the period reached 3.051 billion yuan, an increase of 16.6% year-on-year. Adjusted EBITA increased by 39% to 0.642 billion yuan.
Zhizhong Hong Kong stocks early knowledge | Ministry of Industry and Information Technology: Guide photovoltaic companies to reduce purely capacity expansion photovoltaic manufacturing projects. nvidia (NVDA.US) fell by as much as 5% after earnings.
On November 20, the Ministry of Industry and Information Technology issued a notice revising the "Specification Conditions for the Photovoltaic Manufacturing Industry" and the "Interim Measures for the Management of Announcements for the Photovoltaic Manufacturing Industry".
Ali Pictures' mid-term revenue increased by nearly 20% year-on-year. GTJA and Haitong Securities' restructuring has received regulatory approval | Selected Hong Kong Stock Announcements on November 20th.
① Ali pictures' mid-term revenue increased by nearly 20% year-on-year. What is the profitability? ② GTJA and haitong sec's restructuring has received regulatory approval. What are the highlights?
Alibaba Pictures Group Reports a 27% Decline in H1 Profit
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