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Alibaba Pictures Inks Deal with Youku Information

Alibaba Pictures Inks Deal with Youku Information

Alibaba Pictures Group Limited (HK:1060) has released an update.

Confident Investing Starts Here:

Alibaba Pictures Group Limited has announced a partnership with Youku Information through its subsidiary Zhonglian Shengshi, to provide commissioned production services until March 2026. This deal, involving the production of various entertainment projects, falls under the continuing connected transactions category as per Listing Rules, requiring regular reporting and review but not independent shareholder approval.

For further insights into HK:1060 stock, check out TipRanks’ Stock Analysis page.

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