Yinhua CSI Movies Theme ETF

Visual China's Q1 Net Profit Soars 1,240%, Primarily Due to MiniMax Stock Price Fluctuations

VCG released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 185.32 M, actual EPS CNY 0.3423

JSCN released FY2026 Q1 earnings on April 29 Pre-Market (BJT), actual revenue CNY 1.735 B, actual EPS CNY 0.0127

OPG released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 1.326 B (forecast CNY 1.435 B), actual EPS CNY 0.0183

CFG released FY2026 Q1 earnings on April 29 After-Market (BJT), actual revenue CNY 851.95 M (forecast CNY 550 M), actual EPS CNY -0.061

PWRD released FY2025 Q4 earnings on April 27 (BJT), actual revenue CNY 1.243 B (forecast CNY 1.638 B), actual EPS CNY 0.0364 (forecast CNY 0.0425)

PWRD released FY2026 Q1 earnings on April 27 (BJT), actual revenue CNY 1.171 B (forecast CNY 1.4 B), actual EPS CNY 0.05

PWRD released FY2025 Annual Earnings on April 27 (BJT), actual revenue CNY 6.66 B (forecast CNY 6.917 B), actual EPS CNY 0.39 (forecast CNY 0.3863)

Ruyi Film released FY2025 earnings on April 26 After-Market (BJT), actual revenue CNY 12.65 B (forecast CNY 13.6 B), actual EPS CNY 0.2431 (forecast CNY 0.4232)

Ruyi Film released FY2026 Q1 earnings on April 26 After-Market (BJT), actual revenue CNY 2.998 B (forecast CNY 2.765 B), actual EPS CNY 0.0412

Ruyi Film released FY2025 Q4 earnings on April 26 After-Market (BJT), actual revenue CNY 2.86 B, actual EPS CNY -0.0919

Mango released FY2025 Annual Earnings on April 24 (BJT), actual revenue CNY 13.81 B (forecast CNY 13.19 B), actual EPS CNY 0.66 (forecast CNY 0.6983)

Mango released FY2025 Q4 earnings on April 24 (BJT), actual revenue CNY 4.75 B (forecast CNY 3.462 B), actual EPS CNY 0.1177 (forecast CNY 0.0969)

Mango released FY2026 Q1 earnings on April 24 (BJT), actual revenue CNY 3.084 B (forecast CNY 2.965 B), actual EPS CNY 0.11

Jetsen released FY2026 Q1 earnings on April 24 After-Market (BJT), actual revenue CNY 569.75 M, actual EPS CNY 0.0426

Jetsen released FY2025 annual earnings on April 24 After-Market BJT, actual revenue CNY 2.645 B (forecast CNY 2.921 B), actual EPS CNY 0.0718 (forecast CNY 0.15)

Jetsen released FY2025 Q4 earnings on April 24 After-Market (BJT), actual revenue CNY 592.33 M, actual EPS CNY -0.0082

VCG FY2026 Q1 Earnings Release Scheduled for April 30 After-Market BJT

OPG to release FY2026 Q1 earnings on April 30 After-Market BJT, forecast revenue CNY 1.435 B

CFG to release FY2026 Q1 earnings report on April 30 After-Market (BJT), forecast revenue CNY 550 M

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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.

AASTOCKS News

HUANXI MEDIA

Guotai CSI Movies Theme ETF

Penghua CSI Media ETF

PHANCY

HUANXI MEDIA  Once Surges Over 45% as PHANCY Takes Stake of Over HKD200M

PHANCYhas invested over HKD200 million in HUANXI MEDIAto form a strategic partnership focused on AI in film and television production. The collaboration includes data cooperation, development of large models, and AI solutions for content creation. PHANCY's subsidiary will provide API services worth US$20 million over two years, and PHANCY will subscribe to 731 million shares of HUANXI, representing 14.3% of its enlarged share capital.

PHANCY  Invests Over HKD200 Million in HUANXI MEDIA for Strategic Cooperation in AI Film and Television Production

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MoonRay, DreamWorks Animation's open source path-tracing renderer, has joined the Academy Software Foundation as a hosted project. Used in every DreamWorks feature film since 2019, MoonRay supports diverse artistic styles and is built for efficiency and scalability. DreamWorks CTO Bill Ballew will keynote the ASWF Open Source Days in July 2026, discussing MoonRay's evolution from a proprietary tool to an open source asset. The project aims to foster collaboration and innovation in rendering technology.

prnewswire

GF Fund CSI Media ETF

Invesco Leisure & ENT ETF

ChinaAMC CSI Cultural Entertainment Media ETF

15:41 ETMoonRay, DreamWorks Animation's Open Source Production Renderer, Joins the Academy Software Foundation

BNGE

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GAMR

The latest broker ratings for TENCENTshow a range of investment views: BNP Paribas rates it Outperform at HKD800, citing solid core business momentum; BofAS and UBS both rate it Buy at HKD780, with strong advertising performance and AI investment focus; CMBI rates it Buy at HKD750, noting resilient earnings growth; CLSA rates it Outperform at HKD740, highlighting double-digit growth in game receipts; G Sachs rates it Buy at HKD700, emphasizing AI momentum; BOCI rates it Buy at HKD700, mentioning deferred game revenue; JPM rates it Overweight at HKD690, indicating healthier organic business growth. Short selling stands at $1.65B with a ratio of 14.977%.

First Trust S-Network Streaming and Gaming ETF

CSOP HS TECH

Wedbush ETFMG Video Game Tech ETF

TENCENT

Tencent

BNP Paribas

Bank of America

UBS Group AG

Goldman Sachs

JPMorgan Chase

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

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JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Summary of Latest Broker Ratings, TPs, Views on TENCENT

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During this year's May Day holiday, China's box office only grew by 1.4%, reaching 758 million yuan, with the number of moviegoers reaching 20.9 million, an increase of 10% compared to 2025. However, the average ticket price dropped from 39.5 yuan to 36.3 yuan, offsetting the gains from the number of moviegoers. The decrease in the number of new films is one of the reasons for the lack of growth, with only 12 films released in total, among which "The Vanished" and "Cold War 1994" both surpassed 100 million yuan at the box office

BambooWorks

BONA

MAOYAN ENT

Ruyi Film

Industry Brief: Average Ticket Price Declines, May Day Box Office Revenue Only Increases by 1.4%

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巨星传奇（6683.HK）现价 5.500，当日 -2.83%，股价创近半年新低，市值 52.4 亿。作为 IP 授权及文娱产业公司，2025 年巨星传奇亏损达 5105 万元，营收同比下降 19%。周杰伦相关 IP 销售走弱影响其业绩，市场关注单一 IP 风险及公司后续转型策略。

Movers Alert

STARPLUS LEGEND

AXA SPDB CSI Hugangshen Game and Culture Media ETF

Star Legend (6683.HK) Hits 6-Month Low Amid Weak Earnings

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Item│1Q26 Forecast│ YoY ChangeTotal revenue│ RMB197.718 billion│+9.8%- Value-added services revenue│ RMB98.511 billion│+6.9%-> Domestic game revenue│ RMB46.332 billion│+8.0%-> International game revenue│ RMB19.09 billion│+15.0%- Online advertising revenue│ RMB37.905 billion│+19.0%- Fintech and enterprise services revenue and others│ RMB60.139 billion│+9.4%Total gross profit│ RMB111.433 billion│+10.9%Gross profit margin│56.4%│+0.5 pptsNet profit│ RMB58.497 billion│+22.3%Non-IFRS net profit│ RMB68.745 billion│+12.1%Non-IFRS net profit margin│34.8%│+0.7 ppts

Guotai CSI Animation Game ETF

ChinaAMC CSI Animation Game ETF

Global X Video Games & Esports ETF

Krne Csi China Internet

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

M Stanley 1Q Results Forecasts for TENCENT (Table)

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Today, MOST KWAI CHUNG recorded a transaction volume of approximately HKD 128 million. For this small-cap stock, this level of trading activity is considered unusually active. A bullish signal has appeared on the daily MACD level, where the technical pattern of the DIF line crossing above the DEA line is typically seen as a signal that short-term buying power is beginning to dominate. From the market rhythm perspective, the increase in trading volume accompanied by the formation of bullish signals indicates that there is capital actively participating at this position, and market attention has clearly intensified. 

On the news front, MOST KWAI CHUNG, as a small-cap media concept stock in the Hong Kong stock market, often sees its stock price movements driven significantly by market sentiment and short-term funds. Recently, the overall trading activity in the Hong Kong stock market has warmed up, with most sectors of the Hang Seng Index recording gains, and the trading activity of small and medium-cap stocks has increased. In addition, the Hong Kong Legislative Council has passed the "2026 Appropriation Bill," and the Hong Kong government's positive stance on the economic outlook provides some positive sentiment support for local consumption and the media sector. However, the lack of clear positive news at the company level means that today's volume spike needs to be viewed with caution. 

From a technical perspective, MOST KWAI CHUNG's transaction volume has suddenly surged from its usual low liquidity level to HKD 128 million. Such a volume change in small-cap stocks often reflects concentrated inflows and outflows of short-term funds. The bullish signals combined with increased volume indicate strong short-term momentum, but if the volume quickly shrinks afterward, the sustainability of the rebound will be significantly discounted. The effectiveness of technical signals in small-cap stocks is inherently lower than that of blue-chip stocks, and a more cautious interpretation is required

Technical Forecast

MOST KWAI CHUNG

Hang Seng Index

Pre-market trend | MOST KWAI CHUNG (1716.HK) on 4/29 shows unusual volume increase attracting attention, is the bullish signal a true breakout?

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AMZW

AMZZ

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Movie merchandise on Amazon generated $97.4 million in March 2026, with 4.48 million units sold, driven by family films. The top five movies accounted for 86% of revenue, led by Paw Patrol: The Dino Movie at $23.7 million. A shift towards practical items is noted, with 71% of best-sellers being everyday essentials like apparel and home products. As budgets tighten, consumers prefer functional merchandise over collectibles, indicating a trend where entertainment-related products are integrated into daily life.

ProShares Online Retail

Roundhill AMZN WeeklyPay ETF

GraniteShares 2x Long AMZN Daily ETF

SPDR S&P Retail ETF

Global X E-commerce ETF

Direxion Daily AMZN Bull 2X Shares

Amplify Online Retail ETF

VanEck Retail ETF

Amazon

12:02 ETMovie Merch Hits $97.4M Ahead of Summer Blockbusters; Shoppers Choose Essentials Over Toys

Kate McKinnon and her sister Emily Lynne reunite for the sequel to the audio series "Heads Will Roll," titled "Heads Will Roll: Heir Apparent," premiering on June 25. The series follows Queen Mortuana's desperate attempts to produce an heir by her 40th birthday to avoid losing her throne. The sequel promises higher stakes and new guest stars, continuing the collaboration between Audible and Broadway Video. The first season was a hit, and the new installment aims to push creative boundaries further, featuring mature themes and humor.

Variety

Kate McKinnon and Sister Emily Lynne Reunite for Sequel to ‘Heads Will Roll’ Fantasy Spoof at Audible

Yinhua CSI Movies Theme ETF(159855.SZ)

HUANXI MEDIA Once Surges Over 45% as PHANCY Takes Stake of Over HKD200M

PHANCY Invests Over HKD200 Million in HUANXI MEDIA for Strategic Cooperation in AI Film and Television Production