BUZZ-Beijing Enlight Media rises to four-year peak on robust holiday revenue

Reuters
02-06
BUZZ-Beijing Enlight Media rises to four-year peak on robust holiday revenue

** Chinese movies distributor Beijing Enlight Media 300251.SZ jumps 17.8% to 13.48 yuan, its highest since March 2021

** Stock on track for a third consecutive session of gains

** Beijing Enlight Media said revenue generated from movie "Ne Zha 2" amounting to 950 million-1,010 million yuan ($130.49 million-$138.73 million) range, as of Feb 4

** Other movie distributors Perfect World 002624.SZ surges 4.5% and Beijing Baination Pictures 300291.SZ adds 2.4%

** CSI Film and Television Index .CSI930781 rises 3.1%

** Shares of Beijing Enlight Media gained 15.8% last year

($1 = 7.2801 Chinese yuan)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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