Analysts have notably cut this year's revenue estimates for Television Broadcasts, increasing their loss per share forecasts. A 14% drop in the consensus price suggests that lower earnings per share signal for the company's valuation.
Television Broadcasts' unprofitability, mounting debt, and significant liabilities make it risky. The weak balance sheet, EBIT loss of HK$835m, and HK$271m cash burn exacerbate risk.
CK Chan, Head of Hong Kong and Macau of Tmall Taobao World, noted that this year's 618 mid-year promotion continues to be conducted in phases as in previous years, with the first phase of sales started on May 31 and ended on June 3. During the period, the total transaction amount, the number of purchases and the unit price per customer all recorded double-digit growth YoY. Chan stated that th...
$TVB(00511.HK)$held its annual general meeting recently. Thomas Hui, TVB Chairman, revealed that the group has been promoting the reform program and replacing 57% of senior management, with 50%-60% of the new team being young people. Hui said that he is also a shareholder, and therefore hopes that the company will resume dividend payment as soon as possible.The board of directors will consider the financial...
$TVB(00511.HK)$opened 6.2% higher today, reaching high at $6.55. It is now trading at $6.52, skyrocketing 34.43%, with 14.3444 million shares traded, involving $84.8003 million of capital. TVB held its 9th live show in conjunction with Taobao$阿里巴巴集団(09988.HK)$. After 9 hours of non-stop e-commerce live streaming, the final sales have exceeded RMB100 million (about HKD110 million) and the accumulated ...
$TVB(00511.HK)$recently announced its cooperation with Taobao and joint development of more than 48 live e-commerce broadcasts this year. Peng Minghua, Chairman of TVB's mainland subsidiary, said that the second live broadcast will be held today and a live broadcast will be held once a week starting from April. More initiative will also be open to Taobao users to participate in discu...
$TVB(00511.HK)$'s fund shareholder Silchester International Investors International Value Equity Trust has disposed 675,400 TVB shares last Friday (24th) at an average price of $10.2937 per share, involving $6.9524 million, information from the Stock Exchange showed. Following the disposal, the stake of Silchester International in TVB dropped from 7.13% to 6.98%.
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Chan stated that th...
Hui said that he is also a shareholder, and therefore hopes that the company will resume dividend payment as soon as possible.
TVB held its 9th live show in conjunction with Taobao $阿里巴巴集団(09988.HK)$ . After 9 hours of non-stop e-commerce live streaming, the final sales have exceeded RMB100 million (about HKD110 million) and the accumulated ...
During the program, the number of subscribers of the live-streaming channel expanded by more than 100,000.
$ALIBABA GROUP HOLDING LTD(BABAF.US)$ $アリババ・グループ・ホールディング(BABA.US)$ $阿里巴巴集団(09988.HK)$ $TVB(00511.HK)$ $Hang Seng TECH Index(800700.HK)$ $人気中国関連株(LIST2517.US)$
Peng Minghua, Chairman of TVB's mainland subsidiary, said that the second live broadcast will be held today and a live broadcast will be held once a week starting from April. More initiative will also be open to Taobao users to participate in discu...
Following the disposal, the stake of Silchester International in TVB dropped from 7.13% to 6.98%.
$TVB(00511.HK)$ $阿里巴巴集団(09988.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$
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