Changes in Hong Kong stocks | Haichang Ocean Park (02255) rose more than 5% in early trading, and the first half of the year's performance was significantly under pressure, IP business revenue increased 23% year on year

The Zhitong Finance App learned that Haichang Ocean Park (02255) rose more than 5% in early trading. As of press release, it had risen 4.17% to HK$0.75, with a turnover of HK$14.5088 million.

According to the news, Haichang Ocean Park recently released interim results, with revenue of 686 million yuan in the first half of the year, a year-on-year decrease of 14.19%; shareholders should have accounted for a loss of 295 million yuan, an increase of 250.41% over the previous year. During the period, Haichang Ocean Park obtained the right to operate an internationally renowned IP theme store, driving the company's IP business revenue to 78.06 million yuan, an increase of 23% over the previous year. The interim report revealed that the company has initially set up an IP operation circuit in the segmented circuit. It hopes to integrate IP commercialization with consumer entertainment scenarios such as themed apartments, scenic spots, lifestyle hotels, and commercial properties through continuous IP cooperation with influential global circuits to achieve a new “IP+ New Scenario” business format.

Notably, Xiangyuan Holding Group announced in June this year that it will strategically invest HK$2,295 billion in Haichang Ocean Park, a company listed on the main board of the Hong Kong Stock Exchange. If the transaction is successfully completed, Xiangyuan Holdings will indirectly hold 38.6% of Haichang Ocean Park's shares and become its new controlling shareholder. Open Source Securities pointed out that this battle investment will help the two sides complement each other's advantages. For Xiangyuan, this investment will help the emerging customer market complement each other, complete the “natural scenic area drainage+theme park visitor attraction” closed loop; effectively provide more strategic development resources for Haichang Ocean Park, and help supplement the company's operating capital and reduce financial expenses.