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Alibaba Pictures Secures Shareholder Approval for Key Resolutions

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Alibaba Pictures Secures Shareholder Approval for Key Resolutions

Confident Investing Starts Here:

The latest update is out from Alibaba Pictures Group Limited ( (HK:1060) ).

Alibaba Pictures Group Limited announced that all special resolutions proposed at its Special General Meeting held on June 5, 2025, were passed by shareholders. The key resolutions included the approval of a proposed change of the company’s name and amendments to its bye-laws, both receiving overwhelming support. The change of name is pending approval from the Registrar of Companies in Bermuda, after which necessary registrations will be completed in Hong Kong.

The most recent analyst rating on (HK:1060) stock is a Buy with a HK$0.55 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, primarily involved in the entertainment industry. It focuses on film production, distribution, and related services, leveraging its market presence to enhance its offerings in the media sector.

Average Trading Volume: 257,935,061

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.89B

Find detailed analytics on 1060 stock on TipRanks’ Stock Analysis page.

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