AMTD Digital Shares Rise After Partnership With Alibaba Pictures

Dow Jones

02-07

By Chris Wack

AMTD Digital shares were up 17% to $3.10 after the company said its AMTD Group and World Media and Entertainment subsidiaries have entered into a comprehensive partnership with Beijing Alibaba Pictures Culture for the production of film, entertainment, contents and fashion media.

Alibaba Pictures Culture is a subsidiary of Alibaba Pictures Group.

AMTD, WME and Alibaba Pictures Culture have committed to collaborating on film investments and promoting the development of the Chinese film industry.

The companies also are planning on long-term collaborations in culture, entertainment and fashion media areas, and jointly exploring, originating and developing domestic and overseas projects.

The stock hit its 52-week low of $2.55 on Jan. 13, and is down 24% in the past 12 months.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 06, 2025 13:43 ET (18:43 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 13:43 ET (18:43 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999002562.SGD","symbol_name":"LionGlobal Asia Pacific SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509075207","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509075207","pubTimestamp":1738867380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"AMTD Digital shares were up 17% to $3.10 after the company said its AMTD Group and World Media and Entertainment subsidiaries have entered 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entertainment, contents and fashion media. \n\n\n  Alibaba Pictures Culture is a subsidiary of Alibaba Pictures Group. \n\n\n  AMTD, WME and Alibaba Pictures Culture have committed to collaborating on film investments and promoting the development of the Chinese film industry. \n\n\n  The companies also are planning on long-term collaborations in culture, entertainment and fashion media areas, and jointly exploring, originating and developing domestic and overseas projects. \n\n\n  The stock hit its 52-week low of $2.55 on Jan. 13, and is down 24% in the past 12 months. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 06, 2025 13:43 ET (18:43 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, 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