According to the Wise News Finance APP, China Ruyi (00136) rose more than 4% in early trading, and as of the time of publication, it rose 2.93% to HKD 2.11, with a turnover of HKD 44.0296 million.

In terms of news, Imax Corp recently reached an agreement with Wanda Film to upgrade and add more Imax screens in the Chinese market. CEO Rich Gelfond revealed that the company plans to open up to 25 new Imax venues in China within three years, and will renovate or transform 100 existing venues in the future.

Guotai Junan previously stated that China Ruyi has become the new controlling shareholder of Wanda Film. Wanda Film will bring significant operational synergies to China Ruyi. Wanda Film has been deeply rooted in the film industry and is expected to bring its rich experience and resources in film creation and distribution to China Ruyi. The bank pointed out that the acquisition of Wanda Film by China Ruyi has great value creation potential. China Merchants Securities also pointed out that after Wanda Film's actual controller and management team are updated, the company is expected to further cooperate with China Ruyi in the production and distribution of film and television content business.