Dmg media china history3/12/2023 ![]() ![]() Shares in China’s 11 publicly listed movie studios have fallen by an average of 17.9 percent since June, according to a recent estimate from the South China Morning Post. Many media and entertainment stocks have lost value on the Chinese markets this year. That plan was scrapped early in the summer, however, and trading resumed on July 9 - at which point Yinji’s shares went into free fall. Yinji’s shares had been suspended from trading for most of the year, after the company proposed in February a major restructuring coupled with the acquisition of Chinese marketing company Json Media. Net profit plummeted even further, falling from $39 million in the first half of 2017 to $3.2 million in the first half of 2018 - a slide of 91.9 percent. 1, with the release of financial results for the first half of 2018, which showed its revenue down 49.4 percent from the same period a year ago. Yinji said in a filing to the Shenzhen stock exchange that the legal action could result in a change of control at the company. Berlin Hidden Gem: Drag Queen Revenge Thriller 'Femme' and the Birth of "Queer Noir"
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