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Transaction volume TOP20 | US chip stocks collectively fell, nvidia fell nearly 5%; super micro computer, DJT continued to fall, both down nearly 12%
On Thursday, nvidia ranked first in trading volume in the US stock market, falling by 4.72% with a turnover of $36.041 billion. Microsoft, ranking second, fell by 6.05%, marking the largest single-day decline in two years, with a turnover of $22.035 billion. Tesla, in third place, fell by 2.99%, with a turnover of $16.799 billion.
Roland Berger: The growth of the entertainment and media industry in Hong Kong is expected to slow to 2.3% this year, with the OTT market becoming popular while print media fades.
PwC's "Global Entertainment and Media Outlook 2024-2028" predicts that the revenue of the entertainment and media industry in Hong Kong increased by 4.5% last year, with the market size expected to slow to 2.3% in 2024, reaching $12.87 billion. The compound annual growth rate from 2024 to 2028 is projected at 2.06%, with revenue expected to reach $14 billion in 2028. In the OTT market, Hong Kong has experienced rapid growth in the past two years, reaching $0.371 billion in 2023. It is expected that this market will continue to expand at a compound annual growth rate of 5.7% and reach $0.491 billion by 2028.
TVB's TV Channels Log 77% Market Viewership Share for Q3
tvb (00511.HK) rose in the afternoon with a gain of 7.5%, expected to achieve a significant positive EBITDA for the full year.
TVB (00511.HK) opened 0.3% lower today (28th) and turned slightly positive in the morning market. The company announced at noon that it expects to achieve a significant positive EBITDA this year. The stock price rose in the afternoon, hitting a peak of 7.5% at $3.43, but faced resistance and currently trading at $3.34, up 4.7%, with a transaction volume of 3.356 million dollars. The company stated that as of the end of September, the flagship channels Jade Channel, 24-hour TVB News Channel, and other channels collectively achieved a 77% market share in viewership ratings, compared to 79% in the previous quarter and the same period last year. Overall revenue from advertising clients in the third quarter increased by over 8% compared to the same period last year.
Express News | TVB: It is expected to achieve a significant positive EBITDA for the full year 2024.
Express News | Putin: Ukraine is just a front, behind the long-range strikes on the Russian hinterland hides the hand of NATO.
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