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Trending Industry Today: ALI HEALTH Leads Gains In Alibaba Ecosystem Stocks
[Brokerage Focus] China Securities Co.,Ltd. maintains a "Buy" rating for ALI PICTURES (01060) and is Bullish on the company's IP derivative Business scale continuing to expand.
Jinwu Financial News | China Securities Co.,Ltd. released a research report indicating that ALI PICTURES (01060), as a leading IP Licensing and Operation platform in the country, can continuously obtain the operating rights of top overseas IPs by leveraging Alibaba's comprehensive service capabilities across all Business lines, enriching its IP reserves. Based on classic IPs like Sanrio, Pokémon, and Crayon Shin-chan as the foundation of its Business, the company brings performance growth through signing new IPs such as "Black Myth" and Chiikawa from both domestic and foreign sources, continuously solidifying its position as a Global leading licensing agent. The institution noted that the company's core film Business is expected to benefit from the market recovery. 20
Hong Kong stock movement | ALI PICTURES (01060) surged nearly 9% in early trading, Beijing Enlight Media's Market Cap surpassed 100 billion, and ALI PICTURES' Venture Capital holding dropped below 5%.
ALI PICTURES (01060) rose nearly 9% in the morning session, and as of the time of writing, it has increased by 7.14%, reported at 0.6 Hong Kong dollars, with a trading volume of 0.187 billion Hong Kong dollars.
Trending Industry Today: ALI PICTURES Leads Gains In Alibaba Ecosystem Stocks
Hong Kong stock concept tracking | Nezha 2 enters the global box office ranking, Institutions are Bullish on the upward trend of the cinema Industry (with Concept stocks attached)
Nezha 2 surpassed Iron Man 3, entering the top 24 in the Global box office history.
Hong Kong stocks movement | Movie Concept stocks surged sharply in the last trading hours. ALI PICTURES (01060) rose over 7%, with "Nezha" driving the Spring Festival box office to create a new historical high.
Movie Concept stocks surged sharply in the last trading session. As of the time of writing, ALI PICTURES (01060) rose by 6.45%, priced at 0.495 Hong Kong dollars; MAOYAN ENT (01896) increased by 2.13%, priced at 8.13 Hong Kong dollars; IMAX CHINA (01970) went up by 1.27%, priced at 7.98 Hong Kong dollars.
Investors in Alibaba Pictures Group (HKG:1060) From Five Years Ago Are Still Down 68%, Even After 8.2% Gain This Past Week
