Hong Kong Stock Market News | Alibaba Pictures rises more than 3% during trading, institutions predict that National Day box office is expected to reach a new historical high.

According to the latest information from the Zhitong Finance APP, Alibaba Pictures (01060) rose more than 3% during trading hours. As of the time of writing, it has increased by 1.82% to HKD 0.56, with a turnover of HKD 1.3172 million.

In terms of news, according to the Lighthouse Professional Edition, as of 17:22 on October 4th, the total box office of new films released during the 2023 National Day holiday (including pre-sales) has exceeded 2.3 billion yuan. "Solid as a Rock," "Ex-Boyfriend 4: Early Marriage," and "Volunteer Army: Brave Soldiers" are currently the top three. Alibaba Pictures participated in the production of "Ex-Boyfriend 4." Guotai Junan Securities pointed out that the box office during the National Day holiday is expected to surpass the highest value of 4.46 billion yuan in 2019. The total box office of films released during this period is estimated to be between 5.49 billion and 7.74 billion yuan.