Smart Fish Wealthlink to Subscribe for Up to 40% Interest in Short-Film Company; Shares Plummet 6%
MT Newswires Live
Nov 19, 2025
Smart Fish Wealthlink (HKG:0139) entered into a non-legally-binding memorandum of understanding to invest for up to 40% equity interest in Zhejiang Chuhai Digital Technology, a Tuesday Hong Kong bourse filing said.
Shares of the broker were down over 6% in Wednesday afternoon trading.
The target operates in the digital economic area and the short-form film industry.
The firm, which recently commenced its short drama business using AI technologies, believes the investment will support the diversification of its scope.
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