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The Spring Festival season is approaching! Hong Kong stock movie shares are rising in response, ali pictures has increased by over 5%.
① What measures has the government implemented to boost consumer spending in the film industry? ② How do the institutions view the film market in 2025?
Market Update | Movie concept stocks continue to heat up, maoyan ent rises over 8% leading the charge, with films for the 2025 Spring Festival gradually being scheduled.
The concept stocks of movies continue to gain popularity.
There is a significant discrepancy between domestic and foreign investors regarding Hong Kong stocks, yet southern capital is gradually increasing its investment. Who is the smartest investor?
①As the Hong Kong stock market retraces, foreign institutions are gradually selling some Hong Kong stocks to stop losses; ②Southbound funds are buying on dips, with the purchase scale in November hitting a new high in almost three years; ③Foreign institutions are flowing out of Hong Kong stocks and other emerging markets under risk aversion demand.
Digital Domain (00547.HK): Plans to establish a research and development center in the Science Park and intends to invest over 0.2 billion yuan in Hong Kong by the end of 2029.
Digital Domain (00547.HK) announced to become one of the new batch of 'Key Enterprise Partners' in Hong Kong, will establish an international innovation research and development center in the Hong Kong Science Park, using artificial intelligence (AI) and virtual human technology to lead innovation and transformation in the entertainment industry, as well as promote the application of AI in different industries. Digital Domain stated that it plans to transfer the company's digital assets to Hong Kong, and invest approximately 0.204 billion yuan by the end of 2029, recruiting and cultivating no fewer than 40 professional talents to expand the team. At the same time, will further develop technologies such as AI virtual humans, visual effects, and artificial intelligence video production. (js/w)~
Digital Domain Registers 300 Million ADSs Under New Program
Digital Domain (00547.HK) subsidiary signs distribution agreement with memory company, planning to purchase storage devices and other products.
Digital Domain (00547.HK) announced that its subsidiary Digital Domain Gaming Media has signed a distribution agreement with Transcend, a memory module and flash memory company listed on the Taiwan Stock Exchange. It is reported that Digital Domain Gaming Media will serve as the exclusive distributor of Transcend's comprehensive gaming brand "XPG" products in the Greater China and Americas regions. To carry out distribution business, Digital Domain Gaming Media will purchase "XPG" products from Transcend for exclusive distribution rights from November 11, 2024, to December 31, 2026, and sell and distribute them to third-party customers in distribution areas. The products are "XPG" brand.
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