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AMTD Group Partners with Alibaba in Film and Entertainment

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AMTD Group Partners with Alibaba in Film and Entertainment

AMTD IDEA Group Class A ( (SG:HKB) ) has provided an announcement.

AMTD Group, through its subsidiary WME, has announced a partnership with Alibaba Pictures Culture to collaborate on film investments and development in the Chinese film industry. This alliance aims for a long-term collaboration in culture, entertainment, and fashion media, marking a strategic move to explore and develop domestic and international projects, potentially enhancing AMTD’s positioning in the global entertainment industry.

More about AMTD IDEA Group Class A

AMTD IDEA Group is a diversified institution and digital solutions group, connecting companies and investors with global markets. It operates in media and entertainment, education and training, and premium assets and hospitality sectors. Under AMTD Digital, WME focuses on the group’s global strategies in multimedia, entertainment, and cultural affairs.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$1.43B

See more insights into HKB stock on TipRanks’ Stock Analysis page.

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