01970 IMAX CHINA
- 7.110
- +0.140+2.01%
IMAX CHINA News
Changes in Hong Kong stocks | Huanxi Media (01003) rose more than 18%, leading the film and television stock market continued to recover in the first quarter, and institutions are still optimistic about the subsequent schedule
Film and television stocks rallied higher. As of press release, Huanxi Media (01003) rose 18.33% to HK$0.71; Ning Meng Film and Television (09857) rose 3.31% to HK$8.43; and Maoyan Entertainment (01896) rose 2.75% to HK$10.1.
IMAX CHINA: Annual Report 2023
Damo: Maintaining IMAX China's “In sync with the market” rating, the target price was lowered to HK$6.7
Damo released a research report stating that it maintains the IMAX China (01970) “in sync with the market” rating, believing that the current undervaluation fully reflects its growth pressure and mediocre shareholder returns. The target price was lowered from HK$7.9 to HK$6.7.
IMAX CHINA (01970.HK) grants 1.041,700 restricted share units and 254,300 performance share units
Gelonghui, March 7, 丨 IMAX CHINA (01970.HK) announced that on March 7, 2024, the company will grant a total of 1.041,700 restricted share units under the restricted share unit plan and a total of 254,300 performance share units under the performance share unit plan.
Guoxin Securities: Content-side supply quality is expected to improve in 24 years, and the recovery of movies is more optimistic
The Zhitong Finance App learned that Guoxin Securities released a research report saying that looking ahead to 2024, the quality of content-side supply is expected to improve, and the recovery of movies is more optimistic.
Cathay Pacific Junan: AI video popularity heats up, and the film and television industry welcomes a transformation point
The startup Lighttricks released LTX Studio, an AI-driven video generation and editing software on March 1, 2024. Channel companies, content production, IP and marketing companies are expected to benefit.
IMAX China's 2023 Profit Jumps on Revenue Growth; Shares Plunge 10%
IMAX China Holding's (HKG:1970) attributable profit increased to $27.5 million, or $0.08 per share, in 2023, from $10.8 million, or $0.03 per share, in 2022, a Wednesday filing said. The movie technol
CICC: Maintaining IMAX CHINA's (01970) “Outperforming the Industry” Rating Target Price Reduced to HK$7.7
The Zhitong Finance App learned that CICC released a research report stating that it maintained the IMAX CHINA (01970) “outperforming the industry” rating and lowered the 2024 and 2025 non-IFRS net profit forecast by 23.5%/22.1% to US$3228/35.17 million, considering the slowdown in system installation. The target price was reduced by 7.2% to HK$7.7, taking into account adjustments in profit forecasts and abundant reserves for subsequent imported films. The company announced 2023 results: revenue of US$86.98 million, up 18.6% year on year; net profit of US$27.5 million, up 156 year on year
Selected Announcements | Country Garden was petitioned for liquidation by Ever Credit; China Exempts China to invest an additional 1.1 billion yuan in duty-free shopping
Nine Dragons Paper announced interim results, with shareholders accounting for a profit of 292 million yuan, turning a year-on-year loss into a profit; Fuzhikang Group issued a profit warning and expects a consolidated net loss of about US$120.8 million in 2023.
IMAX CHINA (01970.HK): Adjusted profit of US$29.8 million in fiscal year 2023
Gelonghui, Feb. 28 | IMAX CHINA (01970.HK) announced that the Group's revenue increased from US$73.33 million in fiscal year 2022 to US$86.982 million in fiscal year 2023, an increase of 18.7%. This was due to an increase of US$10.6 million in content solutions revenue, US$2.6 million in technology products and services, and an increase of US$500,000 in all other revenue. The Group's gross profit for fiscal year 2023 was US$54.533 million, accounting for 62.7% of total revenue, compared to US$39.697 million in fiscal year 2022, accounting for
IMAX CHINA: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 AND INSIDE INFORMATION OUR CONTROLLING SHAREHOLDER IMAX CORPORATION RELEASED ITS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS AND ANNUAL REPORT FOR THE YEAR ...
IMAX CHINA (01970.HK) appoints Daniel Wade Manwaring as Executive Director
Gelonghui, Feb. 27丨IMAX CHINA (01970.HK) announced that Ms. Zhou Meihui has retired as an executive director, and Daniel Wade Manwaring has been appointed as the company's executive director, both effective February 27, 2024.
Changes in Hong Kong stocks | Movie concept stocks had the highest gains in February, when the movie box office broke 10 billion, Maogan Entertainment (01896) exceeded expectations for the whole year
Movie concept stocks had the highest gains. At press time, Maoyan Entertainment (01896) rose 12.39% to HK$9.34; Starry Sky Chinese (06698) rose 9% to HK$7.99; Leroy Entertainment (02306) rose 7.78% to HK$0.97; IMAX China (01970) rose 4.14% to HK$7.55; and Alibaba Pictures (01060) rose 1.09% to HK$0.465.
The film and television entertainment sector rose collectively, and Maoyan Entertainment (01896) rose 12.76%. The total box office (including pre-sales) broke 10 billion dollars in February this year
Jinwu Financial News | The film and television entertainment sector rose collectively. As of press release, Starry Sky Chinese (06698) rose 13.64%, Maoyan Entertainment (01896) rose 12.76%, Xinshi Culture (01740) rose 11.7%, IMAX China (01970) rose 4.69%, and Emperor Cultural Industry (00491) rose 4.44%. According to Lighthouse Professional Edition data, the total box office (including pre-sales) broke 10 billion in February 2024. “Hot and Hot”, “Fast & Furious Life 2”, and “Article 20” are temporarily in the top three box office this month.
Hong Kong Stock Concept Tracking | Breaking many film history records! 2024 Spring Festival box office breaks 8 billion, and the film industry recovers faster (with concept stocks)
The Zhitong Finance App learned that the 8-day “Longest Spring Festival in History” has finally come to an end. The National Film Administration released data on February 18. China's 2024 Spring Festival movie box office reached 8,016 billion yuan, setting a new Spring Festival box office record, with 163 million viewers. Up to now, the 2024 Spring Festival program has set many new records for the box office, number of movie viewers, and number of movies watched during the Spring Festival in Chinese film history. In recent years, local films have improved markedly in terms of quality and box office, and the popularity of the Spring Festival program is likely to further boost the development of the film industry. Related topics: Maoyan Entertainment (01896), Reading Collection
IMAX CHINA: Date of Board Meeting
China's Spring Festival Box Office Revenue Tops 5 Billion Yuan as of Wednesday
China's box office revenue for the Spring Festival holiday has surpassed 5 billion yuan including pre-sales as of Wednesday, the fifth day of the holiday, Xinhua News Agency reported the same day, Dom
Hong Kong Stock Concept Tracker | 9 new films competing for the 2024 Spring Festival total box office are all expected to reach record highs (with concept stocks)
The biggest Spring Festival in history is coming soon. Up to now, a total of 9 movies have officially announced that they will be scheduled for the 2024 Spring Festival. Based on predictions from third-party media ahead of schedule, it is estimated that “Hot and Hot”, “Article 20,” and “Life at the Speed 2” will all be close to 2 billion yuan.
IMAX and Hyperobject Industries Join Forces to Head Into the Eye of the Storm With New Feature Documentary, "Stormbound"
IMAX Corporation (NYSE: IMAX) and Hyperobject Industries today announced they've commenced production on "Stormbound", a new feature documentary project chronicling the life of storm chaser Jeff Gammons.
Changes in Hong Kong stocks | Maoyan Entertainment (01896) rose more than 6%, leading the way in movie concept stocks, the national movie box office sold nearly 55 billion yuan day box office last year, breaking a record in film history
Movie concept stocks generally rose in early trading. As of press release, Maoyan Entertainment (01896) rose 6.01% to HK$9.52; IMAX China (01970) rose 2.84% to HK$6.89; and Alibaba Pictures (01060) rose 1.04% to HK$0.485.
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