Only 12 months after it began operations, and before the company has made even a single movie, Alibaba Pictures Group has seen the value of its publicly traded shares climb more than seven-fold to reach a $9.6 billion market cap on the Hong Kong stock exchange.
Only 12 months after it began operations, and before the company has made even a single movie, Alibaba Pictures Group has seen the value of its publicly traded shares climb more than seven-fold to reach a $9.6 billion market cap on the Hong Kong stock exchange.
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