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An announcement from Transmit Entertainment Ltd. ( (HK:1326) ) is now available.
Transmit Entertainment Limited has provided a quarterly update confirming that, while trading in its shares on the Hong Kong Stock Exchange remains suspended, its underlying TV and pan‑entertainment businesses in Mainland China continue to operate normally. The company has installed three new directors at its key subsidiary Wenlan and is pursuing legal proceedings in Shanghai to regain full control and obtain necessary financial information, but delays in accessing Wenlan’s data mean the publication of its 2024/2025 annual results and the dispatch of its annual report remain outstanding, prolonging uncertainty for investors and regulatory compliance efforts.
The most recent analyst rating on (HK:1326) stock is a Sell with a HK$0.03 price target. To see the full list of analyst forecasts on Transmit Entertainment Ltd. stock, see the HK:1326 Stock Forecast page.
More about Transmit Entertainment Ltd.
Transmit Entertainment Limited is a Cayman Islands-incorporated investment holding company whose group operations focus on TV series and variety show production and distribution, as well as broader pan‑entertainment businesses. The group primarily produces Chinese variety shows and television dramas for the Mainland China market, and reports that its core operations have continued as normal despite the ongoing suspension of trading in its shares.
Technical Sentiment Signal: Sell
Current Market Cap: HK$70.08M
Find detailed analytics on 1326 stock on TipRanks’ Stock Analysis page.