HUANXI MEDIA Once Surges Over 45% as PHANCY Takes Stake of Over HKD200M
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PHANCY has acquired a stake of over HKD200 million in HUANXI MEDIA, which saw its shares surge over 45% to a peak of HKD0.4. The companies have entered a strategic cooperation agreement to leverage PHANCY's AI expertise and HUANXI MEDIA's film and television strengths for joint ventures in production, entertainment, game development, and IP derivatives.
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