Ali Pictures (01060) is currently up more than 3%, as of the press time, up 3.49%, priced at 0.445 Hong Kong dollars, with a transaction value of 42.1285 million Hong Kong dollars.
According to Zhitong Finance APP, Ali Pictures (01060) is currently up more than 3%, as of the press time, up 3.49%, priced at 0.445 Hong Kong dollars, with a transaction value of 42.1285 million Hong Kong dollars.
On the news front, the Lighthouse Professional Edition released the November film market report stating that the total box office of films nationwide reached 1.877 billion yuan in November this year, an increase of 11.4% year-on-year. In November, 25 films surpassed the ten million mark, a significant increase from 18 films in the same month last year. It is reported that as of November 27, 2024, the total box office of China Film Co., Ltd. has exceeded 40 billion yuan.
China International Capital Corporation previously pointed out that the film large cap is relatively under pressure in 2024, and film investment and distribution revenue may decrease under the high base of the summer season. The firm believes that the market's expectations for the 2024 film box office are relatively sufficient, with more focus shifting to the prospects for 2025. The Spring Festival films have already been scheduled and the reserve film specifications are relatively high, which is expected to help boost confidence in the development of the film industry. It is recommended to pay attention to the box office growth potential during the Spring Festival and the box office performance of the film 'Feng Shen 2' in which the company participates.