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The Lunar New Year holiday is approaching! Film stocks on the Hong Kong stock market are responding positively, with ALI PICTURES rising over 5%.
① What measures has the government implemented to boost consumer spending in the film industry? ② How do the institutions view the film market in 2025?
Alibaba Pictures Set to Benefit From Rich Movie Pipeline -- Market Talk
Hong Kong stocks have fluctuated | ali pictures (01060) is currently up over 3%. Institutions are focusing on the box office performance of the company's key film for the Spring Festival, "Fengshen 2."
Ali Pictures (01060) has risen over 3%, currently up 3.49%, trading at 0.445 Hong Kong dollars, with a transaction volume of 42.1285 million Hong Kong dollars.
Fan Luyuan: The big entertainment sector will achieve profitability next year, although the group had previously doubted it.
Sina Technology News, December 7, early morning news. On December 6, Fan Lu Yuan, a partner at Alibaba and chairman and CEO of Alibaba's Digital Media and Entertainment Group, gave a keynote share at an internal meeting of Lingxi Interactive Entertainment. Fan Lu Yuan mentioned that in the first year of taking over ali pictures, the fiscal year ended with a loss of over 1 billion. As of today, the overall loss of Digital Media and Entertainment is likely around 500 to 600 million. Next year, we will achieve overall and comprehensive profitability. Fan Lu Yuan also noted that over the years, Digital Media and Entertainment has experienced many difficulties, "The group's distrust of us."
Alibaba Pictures Group's (HKG:1060) Returns On Capital Are Heading Higher
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.
Investors in Alibaba Pictures Group (HKG:1060) From Five Years Ago Are Still Down 68%, Even After 8.2% Gain This Past Week
