Hong Kong stocks are moving | Theater stocks strengthened in the morning, MAOYAN ENT (01896) surged over 19%, ALI PICTURES (01060) rose over 12%.
The Theater stocks strengthened in early trading. As of the time of writing, MAOYAN ENT (01896) rose by 19.31%, priced at 9.7 Hong Kong dollars; ALI PICTURES (01060) increased by 12.5%, priced at 0.54 Hong Kong dollars; STAR CM (06698) rose by 6.71%, priced at 3.66 Hong Kong dollars.
Star CM Auditor Steps Down; Successor Named
STAR CM Holdings Limited Changes Auditor to Crowe (HK) CPA Limited
STAR CM (06698.HK): Appointed Guohua Hohwa as the auditor.
Glory Holdings announced on January 6 that STAR CM (06698.HK) has reported that, considering the company's operations and cost-cutting strategy, both parties failed to reach an agreement on the audit fees for the financial year ending December 31, 2024. The company's auditor, Ernst & Young, has resigned from its position, effective January 3, 2025. The Board of Directors has decided to appoint Guofu Haohua (Hong Kong) CPA Limited as the company's auditor to fill the interim vacancy created by Ernst & Young's resignation, effective January 3, 2025, for a term until the next Shareholder meeting.
Abnormal statistics on the proportion of Smart Connect Hong Kong stocks | October 23rd
Abnormal statistics of the proportion of Shenzhen-Hong Kong Stock Connect transactions | October 22, 2024
Express News | Hong Kong film and television entertainment stocks are fluctuating upwards, Star CM rose by over 25%, Ali Pictures rose by over 10%, and Strawbear Ent rose by over 9%.
HK stocks unusual movement | maoyan ent (01896) up more than 11%, leading the theater stocks, 10 movies scheduled for National Day, new movie presale total box office exceeds 40 million.
Theater stocks rose, as of the deadline, Maoyan Ent (01896) rose by 11.03% to HKD 7.35; Ali Pictures (01060) rose by 7.89% to HKD 0.41; Starcrest Media (06698) rose by 7.83% to HKD 3.58.
STAR CM: 2024 INTERIM REPORT
Performance: Xingkong Hua Wen (06698.HK) the mid-year loss expanded to 56.8 million RMB.
Xingkong Huawen (06698.HK) announced its interim performance for the six months ended June. The revenue was 71.11 million yuan, a year-on-year decrease of 50.6%. The loss expanded from 15.08 million yuan in the same period last year to 56.8 million yuan, with a loss per share of 14 cents. No interim dividend will be paid.
STAR CM Holdings Reports Steep Mid-Year Losses
Sing Tao Chinese (06698) released its interim performance, with a loss of 56.796 million yuan attributable to shareholders, a year-on-year increase of 276.68%.
Xingkong Huawen (06698) released its interim results for the six months ending on June 30, 2024, and the group achieved revenue...
STAR CM: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED JUNE 30, 2024
Hong Kong stocks surge | Xingkong Huawen (06698) fell more than 4% in intraday trading to a new low, with expected half-year revenue slashed and losses expanding by more than HKD 53.5 million.
During trading, Xingkong Huawen (06698) fell more than 4%, hitting a new low since its listing at HKD 2.84, as of press time it has fallen by 3.02% to HKD 2.89, with a turnover volume of HKD 2.0954 million.
Hong Kong stocks abnormal trading | Xingkong Huawen (06698) fell more than 9% to a new low. The revenue for the first half of the year is expected to be halved and losses doubled.
Sinoland (06698) fell more than 9%, reaching a new low since its listing at HKD 2.95. In just one year, the market cap of the stock has dropped from nearly HKD 50 billion to the current HKD 1.2 billion.
Star CM Holdings Sees Wider Net Loss in H1
Starlight Culture (06698.HK) is expected to expand its six-month loss to at least RMB 53.5 million in Profit Warning.
Xingkong Huawen (06698.HK) issued a profit warning, expected to have a loss of between 53.5 million and 58.5 million RMB for the six months ending in June, compared to a recorded profit of 17.2 million yuan in the same period last year; expected revenue to decrease from 1.44 billion yuan to 68.6 million to 73.6 million yuan. The increase in losses and expected revenue decrease are consistent and mainly due to a reduction in the number of variety shows.
STAR CM Holdings Anticipates Lower Revenues
Xingkong Huawen (06698) issue profit warning, expecting a net loss of approximately 53.5 million yuan to 58.5 million yuan in the medium term.
Starry Chinese (06698) has issued an announcement that the group expects to achieve revenue for the six months ending on June 30, 2024...
STAR CM: PROFIT WARNING
STAR CM Holdings Plans Key Financial Meeting