bullish
BABA's Babies: They Are All Grown Up! Ali Pictures: A Blockbuster Company
David has highlighted this Insight as a Top Pick
411 Views26 Mar 2024 15:01
Ali Pictures Group is part of the core Digital Media and Entertainment Group of its parent Alibaba. As such it has started to reap the benefits of synergies as with its purchase of Damai.cn last year
Boomeranged on Wed, 22 May 2024 10:22
A break of the $0.50 resistance is now imminent with rising volume and large international brokers showing up on the bid over the last week. Initial small resistance at $0.55 and a fast re-rating to $0.83. The company is seeing impressive results as it first consolidation of Damai and the offline entertainment business rapidly recovers.
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David Mudd
Asian Hedge Fund Manager, Long Short Equity, Macro
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- BABA's Babies: They're All Grown Now! Weibo the Twitter of China02 May 2024
- BABA's Babies: They Are All Grown Up! Ali Pictures: A Blockbuster Company26 Mar 2024
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