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An announcement from Alibaba Pictures Group Limited ( (HK:1060) ) is now available.
Damai Entertainment Holdings Limited has announced a Game Product Cooperation Framework Agreement between its subsidiary, Shanghai Youwang, and Zhixin Shanghai, a subsidiary of Ant Group. This agreement, involving connected transactions, aims to enhance game product collaborations within the Alibaba Group. The aggregated annual caps for these transactions are set for the upcoming years, indicating significant financial engagements and strategic alignment with Alibaba’s broader business ecosystem.
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
Damai Entertainment Holdings Limited, formerly known as Alibaba Pictures Group Limited, is a company incorporated in Bermuda with limited liability. It operates within the entertainment industry, focusing on game products and interactive product cooperations, leveraging its connections with Alibaba Group and its subsidiaries.
Average Trading Volume: 359,362,593
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.59B
See more data about 1060 stock on TipRanks’ Stock Analysis page.