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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.
[Brokerage Focus] Huachuang Securities gives ALI PICTURES (01060) an initial "Strong Buy" rating, Bullish on the company's film Business recovery.
Jinwu Financial News | Huachuang Securities Research Reports indicate that ALI PICTURES (01060) went public through a reverse merger in Hong Kong in 2014, with Alibaba as the controlling Shareholder. In 2015, the group injected Taobao Movies (Tao Piao Piao), and in 2023, it injected Damai, which are important components of Alibaba's comprehensive entertainment landscape. The company adheres to the 'Content + Technology' Global Strategy, with current Business including film investment and production as well as Publicity (FY24 revenue share ~41%), IP derivatives and innovation (~21%), movie ticketing and Technology platform (~18%), drama production (~12%), and live performances (Damai, ~8%). The institution noted the outlook for live performances.
With blockbuster hits like "The Investiture of the Gods Part II" and "Nezha: The Devil Child of Miracle" arriving, is the film and television Sector welcoming the explosive opportunity of the "Spring Festival period"?
With the orderly supply of high-quality film content, from beta to alpha, the long-term value of producers of quality content remains unchanged.
Morgan Stanley: It is expected that this year's Spring Festival box office in China will likely set a new historical high.
Morgan Stanley predicts that the box office for the Spring Festival period will be 8.8 billion yuan, a year-on-year increase of 9%.
Hong Kong stocks are fluctuating | Movie Concept stocks continue to rebound as the pre-sales for films during the Spring Festival period explode, with a rich lineup expected to drive box office revenue to a new high for the same period.
Movie concept stocks continue to rebound. As of the time of writing, MAOYAN ENT (01896) is up 4.93%, trading at 8.09 Hong Kong dollars; ALI PICTURES (01060) is up 3.85%, trading at 0.54 Hong Kong dollars; EMPEROR CULTURE (00491) is up 2.63%, trading at 0.039 Hong Kong dollars; STRAWBEAR ENT (02125) is up 1.89%, trading at 0.54 Hong Kong dollars.
Hong Kong stocks morning report on January 20: The Securities Regulatory Commission has approved GTJA to absorb and merge HAITONG SEC. This year, there will be a large increase in southbound funds' Shareholding in the three major state-owned Banks.
① The Securities Regulatory Commission has agreed to GTJA's absorption and merger with HAITONG SEC and to raise matching funds. ② Financial Secretary Paul Chan Mo-po will attend the Davos Annual Meeting. ③ This year, southbound funds have significantly increased their Shareholding in the three major state-owned Banks. ④ CITIC SEC's profit in 2024 is nearly 22 billion yuan.
Investors in Alibaba Pictures Group (HKG:1060) From Five Years Ago Are Still Down 68%, Even After 8.2% Gain This Past Week
