www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Alibaba, Tencent raise stakes in Huayi Brothers

By Zhu Wenqian (chinadaily.com.cn) Updated: 2014-11-19 15:53

Alibaba, Tencent raise stakes in Huayi Brothers

A Chinese moviegoer walks at a branch of HBC (Huayi Brothers Cinema) of Huayi Brothers Media Corp in Shanghai, Dec 19,?2013. [Photo/IC]

Tech giants Alibaba Group and Tencent Inc are set to invest a combined 2.8 billion yuan ($457.43 million) to raise their stakes in Huayi Brothers Media Corp, China's largest private film company. The move signals that China's largest Internet players are making inroads into the entertainment sector.

After the completion of the purchase, the aggregate shares that Huayi executives hold will fall to 26.99 percent. Alibaba and Tencent will each hold 8.08 percent of shares, each becoming the second-largest shareowners.

Huayi Brothers plans to raise up to 3.6 billion yuan ($588 million) through a private placement. The company will use the fund to invest in movies, TV series and repay bank loans, according to its filing to the Shanghai Stock Exchange.

The entertainment conglomerate issued 145 million shares priced at 24.83 yuan per share, 105 percent of its average trading price. Alibaba will subscribe 61.76 million shares in an amount of 1.53 billion yuan, and Tencent, China's largest social network that owns popular WeChat messaging service, will purchase 51.55 million shares with 1.28 billion yuan. Besides, Ping An Insurance Group and Citic Construction Co Ltd will raise their stakes in Huayi Brothers as well.

In addition to the subscription, Alibaba and Huayi Brothers signed strategic alliances for further collaboration. The two companies will strengthen cooperation in the film-making and gaming business. In the next three years, the two sides will collaborate on 10 films that will be launched on Alibaba's Yulebao, a monetary fund, to let Chinese invest in upcoming films, according to the filings.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日韩美女视频网站 | 日本亚州视频在线八a | 国产男女乱淫真视频全程播放 | 亚洲精品综合一区二区三区 | 日本久久伊人 | 日本a级片免费看 | 色www永久免费 | 91精品国产福利尤物免费 | 欧美成人免费看片一区 | 免费一级做a爰片性色毛片 免费一极毛片 | 日本一视频一区视频二区 | 一级毛片在线播放免费 | 亚洲成人免费视频在线 | 国亚洲欧美日韩精品 | 久久99亚洲精品久久频 | 国产成人亚洲合集青青草原精品 | 国产视频自拍一区 | 欧美日韩国产片 | 免费a级黄毛片 | 日本一本色道 | a毛片免费播放全部完整 | 亚洲欧洲一级 | 久久手机视频 | 免费人成观看在线网 | 免费看欧美xxx片 | 亚洲成人综合视频 | 波多野结衣中文无毒不卡 | 久久精品免费观看久久 | 日韩激情中文字幕一区二区 | 免费观看呢日本天堂视频 | 久久网站在线观看 | 东京一区二区三区高清视频 | 一区二区日韩欧美 | 中文字幕亚洲视频 | 在线免费黄色网址 | 国产三级国产精品国产普男人 | 国产一区二区三区在线视频 | 成人18免费网站在线观看 | 另类欧美视频 | 日韩精品一区二区三区中文在线 | 欧美精品色精品一区二区三区 |