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An update from Central Wealth Group Holdings Limited ( (HK:0139) ) is now available.
Smart Fish Wealthlink Holdings Limited has announced its strategic move into the short drama segment, with two of its productions achieving significant recognition on industry charts. The company has invested RMB5.2 million in nine short dramas and recognized revenues of RMB1.9 million, with expectations of continued growth. By adopting AIGC technology, the company anticipates reducing production costs to around RMB350,000 per title, potentially improving profit margins between 10% to 20%. This initiative positions the company to better understand market potential and capitalize on the growing demand for short dramas.
The most recent analyst rating on (HK:0139) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Central Wealth Group Holdings Limited stock, see the HK:0139 Stock Forecast page.
More about Central Wealth Group Holdings Limited
Smart Fish Wealthlink Holdings Limited, formerly known as Central Wealth Group Holdings Limited, is involved in the entertainment industry, focusing on the production of short dramas. The company is leveraging Artificial Intelligence Generated Contents (AIGC) technology to enhance its production capabilities and reduce costs.
Average Trading Volume: 12,353,243
Technical Sentiment Signal: Buy
Current Market Cap: HK$522.1M
For detailed information about 0139 stock, go to TipRanks’ Stock Analysis page.