Hong Kong Stock Alert | SMART FISH (02946) Surges Over 12% in Afternoon Trading on Strong Short Drama Business Performance, Share Consolidation in Progress

Stock News

Oct 09

SMART FISH (02946) surged over 12% in afternoon trading. As of press time, the stock was up 8.75% to HK$0.435, with turnover reaching HK$10.61 million.

On the news front, SMART FISH recently announced that the group has strategically entered the short drama industry, actively engaging in content production and industrial investment. To date, development has been rapid with remarkable achievements, and overall progress has met expectations. During September, the company completed the planning and production of 9 short dramas.

Currently, the short dramas launched in September have achieved good results, with some works such as "Don't Bow Your Head, The Crown Will Fall" and "Sunny April" showing outstanding market performance, entering the top three and top five industry rankings respectively.

It is worth noting that SMART FISH (00139) conducted a share consolidation on a "20-to-1" basis on September 24, reducing the number of shares by 19.452 billion.

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As of press time, the stock was up 8.75% to HK$0.435, with turnover reaching HK$10.61 million.</p>\n<p>On the news front, SMART FISH recently announced that the group has strategically entered the short drama industry, actively engaging in content production and industrial investment. To date, development has been rapid with remarkable achievements, and overall progress has met expectations. 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