Movies and Entertainment(IN20249.HK)

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Movies and Entertainment
IN20249.HK
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Litian Pictures to Raise HK$14 Million via Share Placement at Market Price

Litian Pictures Holdings Limited plans to raise approximately HK$14 million through a share placement of up to 72 million new shares at HK$0.20 each, representing 20% of its existing share capital. The placement is priced at the last closing price and is aimed at general working capital. However, completion is conditional, and if executed, it may dilute existing shareholders. The latest analyst rating for the stock is a Sell with a price target of HK$0.16.

Tip Ranks·
HK
09958
+7.00%
Tip Ranks·
HK
09958
+7.00%

Litian Pictures Holdings Announces Private Placement of New Shares

Litian Pictures Holdings Ltd. has announced a private placement of new shares under its general mandate, entering into a placing agreement with KGI Asia Limited. The completion of the placement is subject to certain conditions and may or may not proceed. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares. This announcement was published via the Issuer Information Service of the Hong Kong Stock Exchange.

Reuters·
HK
09958
+7.00%
Reuters·
HK
09958
+7.00%

Litian Pictures Shareholders Back All AGM Resolutions, Confirm Board Changes and Auditor

Litian Pictures Holdings Limited announced that all resolutions at its AGM on January 13, 2026, were approved, including the adoption of financial statements, re-election of directors, and auditor re-appointment. The unanimous voting reflects strong shareholder support for the board. The company is undergoing corporate housekeeping amid regulatory compliance issues. Currently, analysts rate the stock as a Sell with a price target of HK$0.16. Litian Pictures is a Hong Kong-listed media and entertainment company with a market cap of HK$58.68M.

Tip Ranks·
HK
09958
+7.00%
Tip Ranks·
HK
09958
+7.00%

Litian Pictures Sets Out Board and Committee Structure

Litian Pictures Holdings Limited (HK:9958) has announced its board and committee structure, featuring a mix of executive and independent non-executive directors. The announcement details the roles within key committees such as audit, remuneration, and nomination, emphasizing the company's commitment to corporate governance. The latest analyst rating for the stock is a Sell, with a price target of HK$0.16, and the current market cap is HK$58.68M.

Tip Ranks·
HK
09958
+7.00%
Tip Ranks·
HK
09958
+7.00%

Litian Pictures Holdings Submits Director List to HKEX

Litian Pictures Holdings Ltd. has submitted an updated list of directors to the Hong Kong Stock Exchange. The Board includes five executive directors: Mr. Yuan Li (Chairman), Ms. Tian Tian, Mr. Huang Zhiqiang, Mr. Lin Mingwei, and Ms. Huang Meiyuan, along with two independent non-executive directors: Mr. Xie Taoquan and Mr. Jing Quanliang. Key committee roles are outlined, with Mr. Xie as Chairman of the Audit Committee and Mr. Jing as Chairman of the Nomination Committee. The filing was made on January 13, 2026.

Reuters·
HK
09958
+7.00%
Reuters·
HK
09958
+7.00%
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$Tencent Music(TME.US) $NETEASE MUSIC(09899.HK) These two stocks can't be bought now, the industry landscape has changed directly. Douyin is too strong.

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