Hong Kong Stock Movement: HMVOD video fell 10.46%

Hong Kong Stock Movement HMVOD video fell 10.46%. According to recent important news: On October 14, HMVOD video signed a letter of intent for cooperation with Happy Sunshine Interactive Entertainment Media, involving program licensing and joint development, leading to a temporary surge in stock price, but it later fell back. Although this letter of intent is not legally binding, it demonstrates the company's strategic layout in content diversification, having a positive impact on the stock price in the short term. Source: Huigang Communications On October 13, HMVOD video announced that the High Court did not issue a winding-up order against the company, which is awaiting the appeal result. This news temporarily alleviated market concerns about the company's financial situation, but investors still need to be cautious. Source: Zhito Finance On October 13, HMVOD video paid HKD 9.5 million to the court, with funds sourced from shareholder loans. This move shows the company's proactive measures in financial management, contributing to some stability in the stock price in the short term. Source: Zhito Finance. Industry cooperation dynamics are frequent, and market volatility is increasing. Stocks Ranked High in Industry Transaction Volume Damai Entertainment fell 0.99%. According to recent important news: On October 14, Damai Entertainment participated in the Hong Kong government's "Half-Price Good Show" event, and its Phoenix Cloud Intelligence International version iCIRENA system performed excellently, enhancing the operational efficiency of the cinema ticketing system and boosting sales performance. On October 14, China Merchants Securities pointed out that Damai Entertainment's full industry chain ecosystem and its extensive layout in diverse performance fields have strengthened market confidence, driving up the stock price. No other important news recently. The media internet sector is experiencing short-term emotional fluctuations. Stocks Ranked High in Industry Market Capitalization Tencent Music - SW rose 2.28%. According to recent important news: On October 14, Tencent Music Entertainment Group announced that it will review and vote on the unaudited results for the three months ending September 30, 2025, on November 11, 2025. This news has sparked positive market expectations for the company's performance, driving up the stock price. On October 14, Tencent Music Entertainment Group announced that it will release its unaudited financial results for the third quarter of 2025. The optimistic market expectations for the company's financial performance further boosted the stock price. On October 14, Tencent Music Entertainment Group issued a press release through PR Newswire, emphasizing its strong market position and technical capabilities in the Chinese market, enhancing investor confidence and driving up the stock price. The overall industry performed well, trading actively, with significant capital inflow