crashes again! "Jay Chou Concept Stock" Superstar Legend (06683.hk) suddenly plummeted.
The stock triggered the market adjustment mechanism for the first time at 10:17 a.m. and entered a 5-minute price limit trading cooling-off period. It then continued to fall and triggered the market adjustment mechanism multiple times during the session. once plummeted by nearly 80%. As of the close, the decline narrowed to 72.24%, closing at HK$2.59. fell below the issue price of for the first time since its listing, with a total market value of HK$2.158 billion.
It is worth noting that there is no negative news related to the superstar legend. According to its latest performance forecast, the company's performance in the first half of the year has recorded rapid growth.
Late night response: Business operations remain normal
Analysts: The flash crash may be due to someone smashing the market
At 10 pm on September 11, Superstar Legend issued an announcement in response to unusual fluctuations in stock prices and trading volume.
The Board of Directors of the Company (the "Board") has noticed unusual fluctuations in the price and trading volume of the Company's shares (the "Shares") today.
Having made reasonable enquiries, the Board confirms that, as at the date of this announcement, it is not aware of any information that is required to be disclosed for the purpose of avoiding a false market in the Company's securities or under Part Xiva of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong Any inside information required to be disclosed.
As of the date of this announcement, the board of directors of has confirmed that the group’s business operations (including the IP creation and operation segment and the new retail segment) remain normal. There are no major adverse changes in the group’s business operations and financial status, and the company’s controlling shareholder’s There is no change in equity .
According to the Securities Times, analysts believe that the cause of the flash crash may be the short-term selling of market funds . Recently, the Hong Kong stock market has frequently seen such violent selling tactics . The day before, Huazhong Automotive even plunged nearly 90%. .
At the previous interim financial report, Lai Guohui, executive director and chief financial officer of Superstar Legend, commented on the stock price changes: "The company's major shareholders and management are full of confidence in the company's development. The company's fundamentals are good. The behavior of individual investors in the short term is inappropriate. Affecting the company's long-term development, the company's long-term investment value is huge. mother Ye Huimei , as well as agent Yang Junrong, brokerage company director Chen Zhong, and long-term partner Ma Xinting . As of the end of last year, Ye Huimei, as one of the actual controllers of Superstar Legend, together with Ma Xinting, Yang Junrong, and Chen Zhong, held a total shareholding ratio of of 57.99%. At the same time, Jay Chou himself is also the main celebrity IP operated by Superstar Legend.
Data source: Flush ifind
According to the official website of Superstar Legend, the company was founded in 2017 and is a Hong Kong stock main board listed company focusing on IP creation and operation and new retail. The company was approved to be included as a component stock of the Hang Seng Composite Index in February 2024, officially entered the Hong Kong Stock Connect in March, and was included in the MSCI Global Small Cap Index in May.
In terms of IP creation and operation, the company's main business is divided into IP content creation and management business, including providing media content creation, event planning and celebrity IP management services, as well as IP licensing and related product sales. According to the company's official website, Superstar Legend has rich experience in IP creation and operation. By tailoring unique character IPs and content IPs for different artists, it maximizes star influence. The cumulative number of fans of the existing star IP combination has reached 2 100 million.For example: created Jay Chou's official two-dimensional image "Classmate Zhou" in 2019; in 2020, he created the first outdoor reality show "Travel Notes" tailored for Jay Chou; in 2022, he helped Liu Genghong become a national fitness coach and created other The official two-dimensional image and the digital sapient "Coach Liu" ; in 2023, we will join hands with Hollywood's top special effects team to jointly create the "Classmate Zhou" digital sapient for Jay Chou and launch the first metaverse pilot film "Dimension Extension", and will " "Classmate Zhou" Shusapien authorized China Mobile to serve as its dynamic star promotion officer, 5g metaverse interstellar development officer and 5g video ring tone promotion ambassador, entering the market with three identities, symbolizing that Superstar Legend has successfully expanded its IP licensing business into the field of digital content . The prospectus of
disclosed that Superstar Legend signed a 10-year IP licensing agreement with Jay Chou’s artist management company Jewel Music in 2021. Since was founded in 2017, Superstar Legend has participated in planning Jay Chou's world tour concert. Later, Superstar Legend served as the planning service provider for Jay Chou's concert, the planning service provider and investor for Ningbo's "Superstar Action Super Night".
In terms of new retail, the company’s official website information states that it mainly focuses on the development and sales of health management products and skin care products. It has health management brands Mobo, Aichixianmoren and skin care brand Dr. Moji.
Performance increased significantly in the first half of the year
The company aims at AI technology to generate content
html At the end of August, the 2024 semi-annual report released by Superstar Legend showed that Superstar Legend’s revenue in the first half of the year was 266.5 million yuan, a year-on-year increase of about 76%; net profit was 25.45 million yuan yuan, a year-on-year increase of approximately 55.5% . The business of Superstar Legend mainly includes two sectors, namely IP creation and operation sector and new retail sector.
In the first half of the year, the revenue of Superstar Legend’s IP creation and operation segment was 156.6 million yuan, a year-on-year increase of 149.8%. This segment also surpassed the new retail business for the first time and became the largest business segment within the Superstar Legend Group, accounting for 58.8% of the total revenue in the first half of the year. The main reason for the growth is the two major TV programs broadcast by the company. First, the reality show "Traveler 2" starring Jay Chou has come to an end. The first episode hit the first place in the ratings for the same time period and the audience responded enthusiastically; It is the music talk show "Le Lai Le Happy" hosted by Yu Chengqing that continues to achieve the highest ratings of similar variety shows at the same time. In the first half of the year, the portion of the two programs broadcast in 2024 and the second creation and realization of the derivative video ring tones generated revenue of 87.2 million yuan.
Superstar Legend pointed out in the financial report that in the past few years, Group has successfully developed two star IPs for Jay Chou and Liu Genghong, Classmate Zhou and Coach Liu respectively, and established a network around Sun Yaowei, Chen Farong, Fang Wenshan, Wang Wanfei, Nanquan Mama, Kun The IP matrix of celebrities such as Ling has a cumulative number of fans of more than 240 million. During the reporting period, Group’s star IP management business revenue was 39.1 million yuan..
New retail business segment, revenue increased by 24% year-on-year to 110 million yuan, mainly due to the growth in sales of the company's flagship product Mohen Coffee. During the reporting period, due to the implantation of "Travel Notes" Season 2 and "Le Laile" The publicity effect of "Happy" drove the revenue generated by Mohan coffee and related products to increase by 34.9% year-on-year to 71.2 million yuan. is one of the company's main sources of income. From 2019 to 2022, the sales of Magic Coffee accounted for 83.0%, 72.8%, 62.3% and 43.8% of the total sales. The cumulative sales in four years were approximately 780 million yuan.
Regarding the performance outlook, Superstar Legend said that in the IP creation and operation business, the group will continue to develop media content focusing on core celebrity IPs. The group intends to further invest in concerts and other performance activities, and is actively planning more cooperative artists. Offline and digital concert . In terms of long-term development, Superstar Legend will generate content through AI technology, realize the digitalization of celebrity IP, and commercialize in different forms.In terms of new retail business, Superstar Group expects to launch vending machines in large shopping malls in different cities in China in the second half of the year to sell "Classmate Zhou" related products and other group products. crashes again! "Jay Chou Concept Stock" Superstar Legend (06683.hk) suddenly plummeted. The stock triggered the market adjustment mechanism for the first time at 10:17 a.m. and entered a 5-minute price limit trading cooling-off period. It then continued to fall and triggered the market adjustment mechanism multiple times during the session. once plummeted by nearly 80%. As of the close, the decline narrowed to 72.24%, closing at HK$2.59. fell below the issue price of for the first time since its listing, with a total market value of HK$2.158 billion. It is worth noting that there is no negative news related to the superstar legend. According to its latest performance forecast, the company's performance in the first half of the year has recorded rapid growth. Late night response: Business operations remain normal Analysts: The flash crash may be due to someone smashing the market At 10 pm on September 11, Superstar Legend issued an announcement in response to unusual fluctuations in stock prices and trading volume. The Board of Directors of the Company (the "Board") has noticed unusual fluctuations in the price and trading volume of the Company's shares (the "Shares") today. Having made reasonable enquiries, the Board confirms that, as at the date of this announcement, it is not aware of any information that is required to be disclosed for the purpose of avoiding a false market in the Company's securities or under Part Xiva of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong Any inside information required to be disclosed. As of the date of this announcement, the board of directors of has confirmed that the group’s business operations (including the IP creation and operation segment and the new retail segment) remain normal. There are no major adverse changes in the group’s business operations and financial status, and the company’s controlling shareholder’s There is no change in equity . According to the Securities Times, analysts believe that the cause of the flash crash may be the short-term selling of market funds . Recently, the Hong Kong stock market has frequently seen such violent selling tactics . The day before, Huazhong Automotive even plunged nearly 90%. . At the previous interim financial report, Lai Guohui, executive director and chief financial officer of Superstar Legend, commented on the stock price changes: "The company's major shareholders and management are full of confidence in the company's development. The company's fundamentals are good. The behavior of individual investors in the short term is inappropriate. Affecting the company's long-term development, the company's long-term investment value is huge. mother Ye Huimei , as well as agent Yang Junrong, brokerage company director Chen Zhong, and long-term partner Ma Xinting . As of the end of last year, Ye Huimei, as one of the actual controllers of Superstar Legend, together with Ma Xinting, Yang Junrong, and Chen Zhong, held a total shareholding ratio of of 57.99%. At the same time, Jay Chou himself is also the main celebrity IP operated by Superstar Legend. Data source: Flush ifind According to the official website of Superstar Legend, the company was founded in 2017 and is a Hong Kong stock main board listed company focusing on IP creation and operation and new retail. The company was approved to be included as a component stock of the Hang Seng Composite Index in February 2024, officially entered the Hong Kong Stock Connect in March, and was included in the MSCI Global Small Cap Index in May. In terms of IP creation and operation, the company's main business is divided into IP content creation and management business, including providing media content creation, event planning and celebrity IP management services, as well as IP licensing and related product sales. According to the company's official website, Superstar Legend has rich experience in IP creation and operation. By tailoring unique character IPs and content IPs for different artists, it maximizes star influence. The cumulative number of fans of the existing star IP combination has reached 2 100 million.For example: created Jay Chou's official two-dimensional image "Classmate Zhou" in 2019; in 2020, he created the first outdoor reality show "Travel Notes" tailored for Jay Chou; in 2022, he helped Liu Genghong become a national fitness coach and created other The official two-dimensional image and the digital sapient "Coach Liu" ; in 2023, we will join hands with Hollywood's top special effects team to jointly create the "Classmate Zhou" digital sapient for Jay Chou and launch the first metaverse pilot film "Dimension Extension", and will " "Classmate Zhou" Shusapien authorized China Mobile to serve as its dynamic star promotion officer, 5g metaverse interstellar development officer and 5g video ring tone promotion ambassador, entering the market with three identities, symbolizing that Superstar Legend has successfully expanded its IP licensing business into the field of digital content . The prospectus of disclosed that Superstar Legend signed a 10-year IP licensing agreement with Jay Chou’s artist management company Jewel Music in 2021. Since was founded in 2017, Superstar Legend has participated in planning Jay Chou's world tour concert. Later, Superstar Legend served as the planning service provider for Jay Chou's concert, the planning service provider and investor for Ningbo's "Superstar Action Super Night". In terms of new retail, the company’s official website information states that it mainly focuses on the development and sales of health management products and skin care products. It has health management brands Mobo, Aichixianmoren and skin care brand Dr. Moji. Performance increased significantly in the first half of the year The company aims at AI technology to generate content html At the end of August, the 2024 semi-annual report released by Superstar Legend showed that Superstar Legend’s revenue in the first half of the year was 266.5 million yuan, a year-on-year increase of about 76%; net profit was 25.45 million yuan yuan, a year-on-year increase of approximately 55.5% . The business of Superstar Legend mainly includes two sectors, namely IP creation and operation sector and new retail sector. In the first half of the year, the revenue of Superstar Legend’s IP creation and operation segment was 156.6 million yuan, a year-on-year increase of 149.8%. This segment also surpassed the new retail business for the first time and became the largest business segment within the Superstar Legend Group, accounting for 58.8% of the total revenue in the first half of the year. The main reason for the growth is the two major TV programs broadcast by the company. First, the reality show "Traveler 2" starring Jay Chou has come to an end. The first episode hit the first place in the ratings for the same time period and the audience responded enthusiastically; It is the music talk show "Le Lai Le Happy" hosted by Yu Chengqing that continues to achieve the highest ratings of similar variety shows at the same time. In the first half of the year, the portion of the two programs broadcast in 2024 and the second creation and realization of the derivative video ring tones generated revenue of 87.2 million yuan. Superstar Legend pointed out in the financial report that in the past few years, Group has successfully developed two star IPs for Jay Chou and Liu Genghong, Classmate Zhou and Coach Liu respectively, and established a network around Sun Yaowei, Chen Farong, Fang Wenshan, Wang Wanfei, Nanquan Mama, Kun The IP matrix of celebrities such as Ling has a cumulative number of fans of more than 240 million. During the reporting period, Group’s star IP management business revenue was 39.1 million yuan.. New retail business segment, revenue increased by 24% year-on-year to 110 million yuan, mainly due to the growth in sales of the company's flagship product Mohen Coffee. During the reporting period, due to the implantation of "Travel Notes" Season 2 and "Le Laile" The publicity effect of "Happy" drove the revenue generated by Mohan coffee and related products to increase by 34.9% year-on-year to 71.2 million yuan. is one of the company's main sources of income. From 2019 to 2022, the sales of Magic Coffee accounted for 83.0%, 72.8%, 62.3% and 43.8% of the total sales. The cumulative sales in four years were approximately 780 million yuan. Regarding the performance outlook, Superstar Legend said that in the IP creation and operation business, the group will continue to develop media content focusing on core celebrity IPs. The group intends to further invest in concerts and other performance activities, and is actively planning more cooperative artists. Offline and digital concert . In terms of long-term development, Superstar Legend will generate content through AI technology, realize the digitalization of celebrity IP, and commercialize in different forms.In terms of new retail business, Superstar Group expects to launch vending machines in large shopping malls in different cities in China in the second half of the year to sell "Classmate Zhou" related products and other group products. (This article does not constitute investment advice, operate at your own risk) editor ||| Duan Liangai Yuanyuan Du Hengfeng Proofreading| He Xiaotao Daily Comprehensive economic news from listed company announcements , Meijing.com, Securities Times, The Paper, Superstar Legend official website, public information, etc. Daily Economic News