The Zhitong Finance App learned that Starry Sky Chinese (06698) fell by more than 5%. As of press release, it had a decrease of 5.48% to HK$5.87, with a turnover of HK$34.996,900.
According to the news, according to reports, the producer of the Chinese Good Voice program sued Li Wen's agency company and the trial may be adjourned. A reporter learned from Shanghai No. 1 Intermediate People's Court that due to the parties' objections to jurisdiction, the trial court for the above case has been changed, so the trial scheduled for April 9 has been cancelled. In August of last year, an audio recording of Li Wen during her birth about her suspected unfair treatment while participating in the recording of “The Voice of China” came to light. In the recording, Li Wen cried with all her might about the unfair treatment she had suffered while recording the program, which attracted widespread attention.
On August 25 of last year, Zhejiang Satellite TV announced that the broadcast of the “The Voice of China” program was suspended due to the investigation of issues reported to viewers and netizens. As of now, the show has not been broadcast again. Furthermore, Starry Sky Chinese's 2023 financial report shows that the company's revenue for the full year of last year was 427 million yuan, down 51.2% year on year. Shareholders should have accounted for a loss of 1,605 billion yuan, changing from profit to loss over the previous year. Mainly due to impairment of goodwill and losses or delays in broadcasting of some variety shows.