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Alibaba Pictures Proposes Rebranding to Damai Entertainment

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Alibaba Pictures Proposes Rebranding to Damai Entertainment

Confident Investing Starts Here:

An announcement from Alibaba Pictures Group Limited ( (HK:1060) ) is now available.

Alibaba Pictures Group Limited has announced a proposal to change its name to Damai Entertainment Holdings Limited, subject to approval at a special general meeting. This strategic rebranding aims to align the company’s identity with its evolving business focus and could potentially impact its market positioning and stakeholder relations.

The most recent analyst rating on (HK:1060) stock is a Buy with a HK$0.60 price target. To see the full list of analyst forecasts on Alibaba Pictures Group Limited stock, see the HK:1060 Stock Forecast page.

More about Alibaba Pictures Group Limited

Alibaba Pictures Group Limited is a company incorporated in Bermuda with limited liability, primarily operating in the entertainment industry. The company is focused on film production, distribution, and related services, with a significant market presence in Hong Kong.

Average Trading Volume: 135,274,513

Technical Sentiment Signal: Sell

Current Market Cap: HK$14.04B

For detailed information about 1060 stock, go to TipRanks’ Stock Analysis page.

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