Orange Sky Golden Harvest Unit Sells 360-Stage Performance Firm
ORANGE SKY G H (01132.HK) sells the 360 Theater performance project to the chairman for 2.7 million yuan.
ORANGE SKY G H (01132.HK) announced the sale of the 360 theater performance projects in Suzhou and Xi'an (a total of four cinemas for development and operation of performance projects) to chairman Wu KeBo for 2.7 million yuan. The estimated proceeds from the sale are about 0.035 million yuan.
ORANGE SKY G H (01132.HK) intends to sell OSGH Investment and OSGH 360 100% equity for 2.7 million HKD.
Gelonghui reported on December 20 that ORANGE SKY G H (01132.HK) announced that on December 20, 2024, the seller (a wholly-owned subsidiary of the company as of this announcement date) entered into a sales agreement with the buyer. According to the sales agreement, the seller agrees to sell and the buyer agrees to purchase the shares for a price of HKD 2,700,000. The shares for sale represent 100% of the total issued share capital of OSGH Investment and OSGH 360. OSGH Investment is a limited company registered under Hong Kong law, primarily engaged in developing theater performance businesses.
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.
Huajin Securities: The IP industry steadily improves and promotes the development of various links in the industry chain.
With the diversification of media channels, the increasing number of diverse small IPs and subculture IPs, IP that is shorter, faster, and more emotionally direct has become a new preference.
Hong Kong stock film and television sector strong emperor culture industry doubled at one point.
On October 10, Emperor Culture Industry doubled in mid-day, Orange Sky G H surged 26%, television and broadcasting rose 13%, Shaw Brothers Holdings rose 10%. On the news front, the newly revised Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA) service agreement will be released this week and will be implemented on March 1, 2025. Some measures will be piloted in Guangdong Province first before being extended to the entire mainland, with mention of audiovisual services (films, television) content including: lifting the restriction on Hong Kong service providers not investing in filmmaking, promoting the common development of the film industry in both places.
CSC: Global AI video collective acceleration, firmly bullish on the media industry's market trend in the fourth quarter of this year.
In-depth review of the performance of the media sector in the fourth quarter of the past five years, the driving points of the media market include the trend of shenzhen new industries biomedical engineering, sector undervaluation, and expectations of performance improvement.
Hong Kong stock market anomaly | Today, the concept stocks of the film industry plummeted, with Maoyan Entertainment (01896) falling by 13%. The number of viewers and average ticket prices during the National Day holiday box office both declined year-on-y
Today, the concept stocks of movies plummeted. As of the press release, Orange Sky G H (01132) fell by 14.04%, to 0.049 Hong Kong dollars; Maoyan Ent (01896) fell by 13.11%, to 7.62 Hong Kong dollars; China Ruyi (00136) fell by 11.21%, to 2.06 Hong Kong dollars; IMAX China (01970) fell by 3.75%, to 8.46 Hong Kong dollars.
China International Capital Corporation: During the National Day holiday, various consumer data saw a significant year-on-year growth. Categories such as household appliances, gold, and jewelry showed impressive performance.
In 2024, the consumer data for the "Golden Week" have been successively released. Overall, with the strong support of national policies to promote consumption and stabilize the economy, various consumption data during the Golden Week have shown significant year-on-year growth, and also improved compared to the previous period.
ORANGE SKY G H: Interim Report 2024
Hong Kong stocks are volatile | Litian Pictures (09958) fell more than 21%, leading the decline in film concept stocks. The box office performance during the Mid-Autumn Festival was mediocre, still significantly lower than the same period in 2019.
Film concept stocks fell today, as of press time, Litian Pictures (09958) dropped by 20.34% to HK$1.41; China Ruyi (00136) fell by 5.34% to HK$1.95; Orange Sky G H (01132) fell by 5% to HK$0.038; Maoyan Ent (01896) fell by 0.66% to HK$6.06.
ORANGE SKY G H: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
Ping An Securities: The supply side of the movie theater line sector is gradually recovering, and the gaming sector may usher in a new round of product cycle.
With the encouragement and support of national policies, the supply of game and IP reserve products is sufficient, and the gaming sector may usher in a new product cycle.
Orange Sky G H (01132.HK) plans to hold a board of directors meeting on August 29 to approve the interim performance.
Orange Sky G H (01132.HK) announced that it will hold a board of directors meeting on Thursday, August 29, 2024 to consider and approve (including) the company and its subsidiaries' performance for the six months ending on June 30, 2024 and the distribution of mid-year dividends (if any).
ORANGE SKY G H: NOTICE OF BOARD MEETING
Orange Sky Golden Harvest Warns of Wider Loss in H1
Orange Sky G H (01132) issued a profit warning, and it is expected that the net loss attributable to shareholders for the mid-term shall not exceed HKD 0.1 billion.
Orange sky g h (01132) announced that the group is expected to obtain shareholders by the end of the six months ending on June 30, 2024, according to the announcement.
ORANGE SKY G H: PROFIT WARNING
Hong Kong stock concept tracking | Summer box office in 2024 broke 4.5 billion, marginal recovery of the film industry chain (attached conceptual stocks).
The movie 'Claw Machine' will officially be released on July 16th. The film began its preview on July 13th and earned box office revenue of 0.156 billion on its first day. As of 9am on the 16th, its preview and pre-sale total box office has exceeded 0.5 billion.
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