Understanding the Market | ALI PICTURES rises over 3%, Spring Festival box office hits a new high, and Nezha 2 figurine crowdfunding on Alibaba's platform exceeds 10 million yuan
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ALI PICTURES' stock price rose by more than 3%, with an increase of 3.26% as of the time of writing, priced at HKD 0.475, with a transaction volume of HKD 29.1076 million. According to data from Maoyan Professional Edition, the movie "Ne Zha" has surpassed 5.776 billion yuan at the box office, becoming the box office champion in Chinese film history. The crowdfunding amount for the peripheral products of "Ne Zha" launched by the platform under Alibaba Fish has exceeded 15 million yuan, demonstrating the market potential of the big IP era
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