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Changes in Hong Kong stocks | Movie concept stocks had the highest rise, and the total box office of the Spring Festival program exceeded 4.9 billion. Institutions say the box office market is expected to surpass the 2021 high

Zhitong Finance ·  Feb 13 21:55

Movie concept stocks had the highest gains in early trading. As of press release, Emperor Cultural Industries (00491) rose 12.12% to HK$0.037; Ali Pictures (01060) rose 3.53% to HK$0.44; Straw Bear Entertainment (02125) rose 1.18% to HK$0.43; and Maoyan Entertainment (01896) rose 1.23% to HK$8.2.

The Zhitong Finance App learned that movie concept stocks had the highest gains in early trading. As of press release, Emperor Culture Industry (00491) rose 12.12% to HK$0.037; Alibaba Pictures (01060) rose 3.53% to HK$0.44; Straw Bear Entertainment (02125) rose 1.18% to HK$0.43; and Maoyan Entertainment (01896) rose 1.23% to HK$8.2.

According to the news, according to data from Lighthouse Pro Edition, as of 10:13 on February 14, the total box office (including pre-sale) of the 2024 Spring Festival program (February 10 to February 17) exceeded 4.9 billion dollars. “Hot and Hot”, “Fast and Furious Life 2”, and “Bears Are Coming: Reversing Time and Space” are temporarily among the top three in the box office.

Guotai Junan pointed out that the box office on the first day of the 2024 Spring Festival program exceeded expectations, with average ticket prices falling and the number of movie viewers increased; “Flying Fast 2” and “Hot and Hot” both surpassed 400 million yuan in first-day box office, and the latter reached nearly 2.5 billion people in a single day. Overall, the 2024 Spring Festival program is going well. With the release of the first batch of movie ratings and the continuous advancement of marketing, the stacking period is 2 days longer than before, and the box office market is expected to approach or even surpass the 2021 high.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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