AMTD Movie "A Gilded Game" Exceeded USD36 Million in Box Office in 23 Days
AMTD Group Inc. ('AMTD' or the 'Group'), alongside The Generation Essentials Group ('TGE'), a subsidiary of the Group under AMTD Digital, jointly announced that AMTD's latest release, A Gilded Game (the 'Movie'), continues to garner widespread enthusiasm from audiences.
In just 23 days since its launch, the Movie has grossed over RMB263 million and attracted approximately 6.58 million viewers. Among all films currently screening in China, the Movie has recorded the highest average attendance per session over the past nine consecutive days and maintained the highest theatre occupancy rate over the past two days. It experienced counter-trend growth in box office, with its market performance steadily gaining momentum.
The Movie's success extends beyond Chinese Mainland, with releases in Hong Kong SAR, Malaysia, North America, Australia, and New Zealand etc., where it continues to garner positive reviews and widespread acclaim.
AMTD is the production company of the Movie, with Dr. Calvin Choi, founder of AMTD IDEA Group and AMTD Digital, serving as both producer and executive producer.
About AMTD Group
AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients' diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as 'Twitter') at @AMTDGroup.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital's announcements, please visit https://ir.amtdigital.net/investor-news.
Safe Harbor Statement
This press release contains statements that may constitute 'forward-looking' statements pursuant to the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to,' and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group and/or AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and neither AMTD IDEA Group nor AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250523262215/en/
CONTACT: For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL:[email protected]
For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL:[email protected]
KEYWORD: UNITED STATES FRANCE SINGAPORE SOUTHEAST ASIA NORTH AMERICA ASIA PACIFIC EUROPE NEW YORK
INDUSTRY KEYWORD: OTHER ENTERTAINMENT GENERAL ENTERTAINMENT ENTERTAINMENT FILM & MOTION PICTURES
SOURCE: AMTD IDEA Group
Copyright Business Wire 2025.
PUB: 05/23/2025 09:18 AM/DISC: 05/23/2025 09:17 AM
http://www.businesswire.com/news/home/20250523262215/en
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
31 minutes ago
- Yahoo
Michigan business owner reacts to 'state of chaos' of U.S. tariffs on Canada
Michael Howard, owner of Howard Family Designs, says the increased tariff on softwood lumber will impact 'the whole entire supply chain.' He says he's already seeing 'a dramatic cost increase,' with some projects priced an additional $300 to $400.
Yahoo
an hour ago
- Yahoo
3 Reasons XPO Stock Could Take Off in the Second Half of the Year
Key Points XPO beat estimates on the top and bottom lines in its second-quarter report. After an earlier investment cycle, management expects capex as a percentage of revenue to start to decline. XPO was the only one of the three major LTL carriers to improve its operating ratio in the quarter. 10 stocks we like better than XPO › The stock of XPO (NYSE: XPO) was one of the biggest winners of the last decade, and the less-than-truckload (LTL) carrier has continued in recent years, as the stock has quadrupled since early 2023. Those gains followed the spinoff of both GXO Logistics and RXO, its former truck brokerage division. Like its peers including Old Dominion Freight Lines and Saia, XPO continues to face headwinds from a "freight recession" that has lasted for about two to three years as manufacturing activity and industrial production have mostly contracted during that time. Nonetheless, the carrier has found new ways to grow its bottom line and improve margins, and those trends were on display in its second-quarter earnings report. XPO clears the Wall Street bar In a difficult macro environment, XPO reported flat revenue at $2.08 billion, which topped estimates at $2.05 billion. Revenue in the core North American LTL business (carriers that specialize in transporting smaller shipments that don't require a full truckload) was down 2.5% to $1.24 billion, while its European Transportation segment rose 4.1% to $841 million. Tonnage was down 6.7% per day, but the company made up for the decline in volume with an increase in yield (or price) of 6.1%, excluding fuel. Price increases were driven in part by service improvements like reducing damage claims and improved on-time performance that have allowed the company to raise prices. And it has found growth in the local market, serving small to medium-size businesses in need of local transportation. XPO was the only one of the three top LTL carriers to improve its adjusted operating ratio, which is the inverse of operating margin, in North America, which fell 30 basis points to 82.9% (a lower ratio is an indication of higher efficiency). Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) were essentially flat, falling from $343 million to $340 million, while adjusted earnings per share (EPS) fell from $1.12 to $1.05 as it lapped a tax benefit from the year before. That result still beat the consensus at $0.99. Investors seemed to shrug off the news as the stock was down slightly following the results and the earnings call, but XPO could please investors in the back half of the year. Let's take a look at a few reasons why. 1. Share buybacks are set to resume Historically, share repurchases have been a key tool for XPO to generate shareholder value, and it has deployed them effectively. The company began repurchasing its stock again in the second quarter, buying back a modest $10 million, and chief strategy officer Ali Faghri said in an interview with The Motley Fool that he expected those repurchases to pick up in the second half of the year, the time of year when it brings in the vast majority of its free cash flow due to the seasonality of its capital expenditures (capex). After years of ramping up capex to invest in new tractors, trailers, and terminals, the company expects capex as a percentage of revenue to start to decline, freeing up cash to invest in share repurchases and paying down debt. Both of those moves should help lift EPS as debt reduction will lower its interest expense, which ate up more than a quarter of operating income in the second quarter, and lowering shares outstanding will boost per-share earnings even if net income remains flat. 2. Nearshoring could drive growth in the industrial economy Growth in the LTL sector and for XPO in particular is closely tied to manufacturing activity in the country, and according to the ISM Manufacturing Purchasing Managers Index (PMI), manufacturing activity has been declining for most of the last three years. It's unclear if trade negotiations have had an impact so far on XPO's business, but Faghri was optimistic that the new round of tariffs could help encourage nearshoring, or the return of manufacturing to the U.S., which would be a boon to XPO since two-thirds of its business comes from industrial customers. More U.S manufacturing would drive demand for LTL transportation, and could fuel a boom in the industry after years of stagnation. 3. Its local business is accelerating Despite the overall headwinds in tonnage, XPO is finding growth in the local channel, where a combination of investing in a local sales force and improvement in service quality through lower damage claims and improved on-time percentages have helped it attract more local business. That segment grew by high single digits in the second quarter, according to Faghri. That's also a key strategic initiative for the company since those tend to be higher-margin customers. Over the longer term, XPO aims to grow its share of revenue from the local channel from 20% to 30%. That figure is now in the low-to-mid 20% range, indicating more runway ahead as it grabs market share in that segment. Overall, XPO remains on track to achieve the 2027 goals it announced in 2021, which include compound annual revenue growth of 6% to 8%, compound annual adjusted EBITDA growth of 11% to 13%, and a 600-basis-point decline in adjusted operating ratio, meaning it would improve to 81%. With three potential growth drivers for the second half of the year, XPO appears to be in position to deliver strong results for investors, even as the broader freight market is still weak. Should you invest $1,000 in XPO right now? Before you buy stock in XPO, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XPO wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* Now, it's worth noting Stock Advisor's total average return is 1,019% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Jeremy Bowman has positions in GXO Logistics, RXO, and XPO. The Motley Fool has positions in and recommends Old Dominion Freight Line. The Motley Fool recommends GXO Logistics, RXO, and XPO and recommends the following options: long January 2026 $195 calls on Old Dominion Freight Line and short January 2026 $200 calls on Old Dominion Freight Line. The Motley Fool has a disclosure policy. 3 Reasons XPO Stock Could Take Off in the Second Half of the Year was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Could Opendoor Technologies Be a Millionaire-Maker Stock?
Key Points Opendoor Technologies buys houses with the hope of flipping them to sell at higher prices. The stock has caught fire lately, as investors seem to be going back to the meme stock mentality that existed a few years ago. Opendoor's business isn't performing particularly well, though it's improving. 10 stocks we like better than Opendoor Technologies › Opendoor Technologies (NASDAQ: OPEN) operates an interesting housing-related business. There are reasons to like the stock if you are an aggressive investor. But there are also some very big reasons to be cautious. Before you buy Opendoor Technologies thinking it will make you a millionaire, you'll want to dig a bit deeper into the company's story. What does Opendoor Technologies do? From a simple perspective, Opendoor is a house flipper. It steps in to quickly buy homes in whatever condition they are in, easing the process for home sellers. Then Opendoor fixes up the houses it buys and sells them, hopefully at a higher price than what it paid. It uses a proprietary computer algorithm to help it select which houses to buy, and where, in 50 or so markets. House flipping is not new. It has been done by small investors for years, often with the investors having the skills to fix up the homes they buy. Opendoor is basically trying to take this business and scale it up. Given the unique nature of every home, that's a large and complex task. The company has achieved a great deal of success from an operational perspective, building out a platform for buying and selling homes and a network of professionals to manage and upgrade the homes it buys. What it has not achieved yet are sustainable profits. There are some inherent headwinds to that, given that property markets tend to be seasonal. Homebuying tends to take place most often in the spring and summer, which leaves the fall and winter with less transaction volume. Even if Opendoor manages to become profitable, investors need to be prepared for big profit swings throughout the year. And that means that a lot will ride on the success of the selling season every single year. What about the stock's massive price spike So the huge price spike that just occurred in Opendoor's stock must indicate something positive about the business, right? Not really. It seems like there has been a return of the meme stock hysteria that occurred a few years ago. In fact, the company had recently received a warning that its stock might be de-listed because it had fallen to such a low price level. Management had even gone so far as to schedule a special meeting to seek shareholder approval for a reverse stock split. That changes nothing about the business, but it raises the price of the shares because it reduces the number of shares outstanding. Often, however, a company's stock price will keep falling after a reverse split because the business remains the same. And in Opendoor's situation, the business is still unprofitable. The company has put the reverse stock split on pause for now, given the steep price advance. But investors looking at this situation need to tread with particular caution. Right now it looks more like investors are gambling with Opendoor stock than investing in the business. The stock could absolutely go higher from here, but it could also fall dramatically and quickly if meme stock investors move on to a new investment. At the end of the day, it remains an upstart business in a seasonal industry trying, and so far struggling, to become sustainably profitable. That's not a compelling story for a long-term investor. Opendoor is probably not your ticket to millionaire status There are likely to be people who make a lot of money gambling on Opendoor's stock. That's not the same thing as investing, however. And the risk of playing the meme stock game is that you end up being the last one in the door, which means you probably lose money. For investors who want to buy and hold stocks to build wealth over time, Opendoor is best avoided right now. In fact, until the business manages to become sustainably profitable, it probably only deserves to be on your watch list. Do the experts think Opendoor Technologies is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Opendoor Technologies make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,019% vs. just 178% for the S&P — that is beating the market by 841.12%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $624,823!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,064,820!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Could Opendoor Technologies Be a Millionaire-Maker Stock? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
