
Ali Pictures (01060) once rose by more than 17% in the early trading, and has accumulated a cumulative increase of nearly 1.4 times since May 20th. As of press time, the stock price rose 13.68%, now at HK$1.08, with a turnover of HK$734 million.
CICC Research Report pointed out that Alibaba Pictures recommends changing the company name to Damai Entertainment, and proposes four important future strategic directions: content leading, user growth, strengthening commercial derivative capabilities and actively deploying overseas in the performance announcement. The bank believes that the company hopes to establish a comprehensive entertainment platform and develop diversified business directions. Damai: From a seasonal perspective, May to October is the peak season in the industry. According to the China Performance Industry Association, the box office of large-scale commercial performances with more than 5,000 people increased by 5.1% year-on-year during the May Day holiday in 2025, with a steady performance. The bank recommends focusing on the box office growth rate of the performance industry during the peak season during the summer season. IP derivative: The company signed Chiikawa and Crayon Shin-chan in 2024 to continuously enrich the IP matrix. Investors believe that the domestic performance and IP derivative tracks are in a high prosperity, with performance business benchmarking against the overseas leading company Live Nation, IP derivative business benchmarking against Pop Mart, and Alibaba Pictures still has a lot of room for development in the valuation.
Source: Sina.com