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Hong Kong stock market move | After Ye Xihou's surprise profit, Straws Bear Entertainment (02125) opened up more than 14%, and shareholders are expected to increase their comprehensive net profit by about 20-28 times year-on-year in the first half of the
Following its profitable results, Daocao Xiong Entertainment (02125) opened more than 14% higher. As of the time of writing, it rose 14.58%, reporting 0.55 HKD with a turnover of 0.1441 million HKD.
Strawbear Entertainment to Acquire Culture Fund Interests for 30 Million Yuan
Strawbear Entertainment Anticipates Up to 30-Fold Increase in H1 Profit
Straw Bear Entertainment announces profit growth: Shareholders are expected to see a year-on-year increase of about 2075.5%-2825.7% in comprehensive net profit for the first half of the year.
Stuffed Bear Entertainment (02125.HK) announced that based on the preliminary review of the unaudited comprehensive management accounts of the group for the six months ended on June 30, 2024, and the information currently available to the board of directors, the group is expected to record (i) a shareholder's attributable comprehensive net profit of approximately RMB 29 million to RMB 39 million for the six months ended on June 30, 2024, while it was only about RMB 1.3 million for the six months ended on June 30, 2023, an increase of approximately 2,075.5% to 2,825.7%; and (ii) up to June 30, 2024.
Straw Bear Entertainment (02125.HK): Acquiring limited partnership interests of the fund.
On July 23, Gelonghui announced that on July 23, 2024, Nanjing Daocaoxiong (as the transferee, an indirectly wholly-owned subsidiary of the company) and Tu Hui Investment (as the transferor) entered into a transfer agreement. Accordingly, Nanjing Daocaoxiong agreed to acquire the limited partnership interests of the fund for zero consideration, and Tu Hui Investment agreed to transfer the limited partnership interests of the fund for zero consideration (i.e., the corresponding subscribed capital contribution amount of RMB 30 million). As of the date of this announcement, the subscribed capital contribution amount of the limited partnership interest has been subscribed but not yet paid up by Tu Hui Investment. The general partner has agreed to the acquisition.
Express News | Strawbear Entertainment Group Sees Increase in Revenue of Group in First Half of 2024
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