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?
Little Excitement Around Transmit Entertainment Limited's (HKG:1326) Revenues As Shares Take 29% Pounding
TRANSMIT ENT: Annual Report 2023/24
Huajin Securities: Steady improvement in IP industry promotes the development of various segments of the industry chain.
With the diversification of media channels, the increasing number of diverse small IPs and niche cultural IPs, shorter, faster, and more emotionally direct IPs have become the new preference.
CSC: Global AI video collectively accelerates, firmly bullish on the media industry's fourth-quarter market this year.
In-depth review of the performance of the media sector in the fourth quarter of the past 5 years, the driving points of the media market include the trends of Shenzhen new industries biomedical engineering, the low valuation of the sector, and the expectation of performance improvement.
China International Capital Corporation: Significant year-on-year growth in various consumer data during the National Day holiday, with impressive performance in categories such as household appliances, gold, and jewelry.
In 2024, the consumer data for the "Golden Week" have been successively released. Overall, with the strong support of national policies to promote consumption and stabilize the economy, various consumption data during the Golden Week have shown significant year-on-year growth, and also improved compared to the previous period.
Trending Industry Today: ALI PICTURES Leads Gains In Film & Television Stocks
Transmit Ent (01326.HK): Zhao Wenzhu resigns as executive director and CEO.
On September 27, Grong Hui announced that Zhao Wenzhu has resigned from the positions of executive director and CEO of Transmit Ent (01326.HK) as she hopes to devote more time to her personal business, effective from September 30, 2024.
Express News | Transmit Entertainment Ltd - Zhao Wenzhu Tendered Her Resignation as an Executive Director and President
TRANSMIT ENT: FINAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 30 JUNE 2024
transmit ent [01326] is now trading at 0.03 Hong Kong dollars, a decrease of 14.29%.
As of 10:48 transmit ent [01326] reported 0.03 Hong Kong dollars, compared to the previous closing price of 0.035 Hong Kong dollars, a decrease of 0.005 Hong Kong dollars or 14.29%, with a turnover of 0.0012 million Hong Kong dollars. The highest price today is 0.033 Hong Kong dollars, the lowest price is 0.03 Hong Kong dollars. Based on the closing price of yesterday, the 10-day average price is 0.04 Hong Kong dollars, the 50-day average price is 0.04 Hong Kong dollars, and the current pe ratio is -0.64 times. The 14-day strength index is reported as 48.21.
Glory Announces Selected (Hong Kong Stock) ︱ CSPC Pharma (01093.HK) intends to further repurchase up to 5 billion Hong Kong dollars of shares.
【Today's Focus】CSPC Pharma (01093.HK) plans to further repurchase up to 5 billion Hong Kong dollars of shares. CSPC Pharma (01093.HK) announced that the board of directors has further decided that the company will repurchase shares on the market for a maximum total amount of 5 billion Hong Kong dollars (excluding the aforementioned 1 billion Hong Kong dollars) within 24 months from the date of this announcement, in accordance with the time and frequency determined by the board of directors. The company will provide funds for share repurchases from its available cash reserves. The repurchased shares will be cancelled. 【Major Matters】Andre Juice (02218.HK) plans to increase investment in Yanchi Andre Fruit and Vegetable Juice Co., Ltd.
Transmit Entertainment to Book Wider Attributable Loss in Fiscal 2024
Transmit Entertainment (01326.HK) issued a profit warning: It is expected that the annual attributable net loss of the company will be approximately 0.34 billion Hong Kong dollars to 0.37 billion Hong Kong dollars.
On September 19, Getidian Entertainment (01326.HK) announced that compared to the net loss attributable to owners of the company of approximately HKD 0.1869 billion for the fiscal year ended June 30, 2023, the company expects to record a net loss attributable to owners of the company for the fiscal year ended June 30, 2024, ranging from approximately HKD 0.34 billion to HKD 0.37 billion. This is mainly due to (i) the adverse impact of the industry still being in the post-epidemic recovery phase, leading to delays in the production of TV dramas and the scheduling of artists under the group, resulting in lower revenue from TV drama and variety show production and distribution during the reporting period.
Express News | Transmit Entertainment Sees Net Loss Attributable HK$340 Mln to HK$370 Mln for Year
TRANSMIT ENT: PROFIT WARNING
Transmit Ent (01326.HK) plans to hold a board of directors meeting on September 27th to approve the annual performance.
Entertainment (01326.HK) announced on September 12th that the board of directors will hold a board meeting on September 27th, 2024 (Friday) to consider and approve the group's annual performance for the fiscal year ending June 30, 2024, as well as the proposed final dividend (if any), and to handle other matters.
Transmit Ent (01326.HK) has appointed Jiang Lei as Executive Director and Chief Executive Officer.
Transmit Entertainment (01326.HK) announced on September 10th that Mr. Jiang Lei has been appointed as an executive director and the company's CEO, responsible for overseeing the company's daily operations, effective from September 10th, 2024. The board of directors is pleased to announce that Ms. Chen Hong has been appointed as a non-executive director, effective from September 10th, 2024.
Express News | Transmit Entertainment Ltd - Jiang Lei Appointed as an Executive Director and CEO
The stock [01326] transmit ent is now trading at HKD 0.027, with a decrease of 12.90%.
As of 10:02, Transmit Ent [01326] reported HKD 0.027, down by HKD 0.004 or 12.90% from the previous closing price of HKD 0.031. The trading volume is HKD 0.0004 million. The highest price today is HKD 0.027, and the lowest price is HKD 0.027. Based on the closing price of yesterday, the 10-day average price is HKD 0.04, and the 50-day average price is HKD 0.04. The current P/E ratio is -0.64 times, and the 14-day strength index is 48.21.
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