Enlight Media Surges 159% After Film Grosses 10 Billion Yuan

MT Newswires Live
02-17

Beijing Enlight Media's (SHE:300251) surged 159% since the reopening of the stock market on Feb. 5 following the Chinese New Year furlough.

The surge comes after its animated production Ne Zha 2 grossed more than 10 billion yuan, becoming the first Chinese film to reach the milestone, Yicai Global reported Friday.

Enlight Media's shares closed 15% lower during Monday's trading.

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