港股巨星传奇(06683.HK)涨超14%，成交量超2060万手。 ...

Report Industry Investment Rating No relevant content provided. Core Viewpoints The report presents a comprehensive overview of the overnight market trends, important macro - economic news, and developments in various financial and commodity sectors, including futures, stocks, bonds, and foreign exchange. It also provides upcoming economic data releases and events. Summary by Directory Overnight Night - Market Trends - Domestic futures主力合约涨跌互现，烧碱、纸浆等涨超0.4%，SC原油、氧化铝等跌超1% [2] - International precious metal futures普遍收跌，COMEX黄金期货跌0.56%，COMEX白银期货跌1.39% [3] - International oil prices走弱，美油主力合约收跌1.23%，布伦特原油主力合约跌1.29% [4] - London basic metals收盘多数下跌，LME期锡、期镍、期铜均有不同程度跌幅 [5] - International agricultural product futures涨跌不一，美大豆、美玉米等有涨有跌 [6] Important Information Macro - Information - China's central bank will conduct 500 billion yuan of MLF operations on May 23, 2025 [9] - CFFEX is promoting the dual functions of financial futures [9] - SHFE will improve its product system and promote the R & D and listing of new varieties [9] - US initial jobless claims for the week ending May 17 were 227,000, a four - week low [10] - Iran vows a "devastating response" to any Israeli attack [11] - Trump's tax reform bill passed the House and is sent to the Senate, and the Senate passed a bill to end California's ban on fuel - powered vehicles [12] - Fed Governor Waller expects a rate cut in the second half of 2025 if tariffs decline [13] Energy and Chemical Futures - OPEC + is discussing a possible large - scale production increase in July [16] - China's urea production increased, and domestic soda ash inventory decreased [16] - Singapore's fuel oil, light distillate, and middle distillate inventories all rose [16] - SHFE adjusted the trading fees of natural rubber futures RU2509 contract [17] - US natural gas inventory increased, with a year - on - year decrease of 12.3% [17] - The US was not persuaded to lower the oil price cap at the G7 meeting [18] Metal Futures - Freeport Indonesia's Manyar smelter will resume production in June and reach full capacity in December [20] - CBA expects gold prices to reach $3,750 per ounce in Q4 due to rising safe - haven demand and a weakening dollar [22] - SHFE adjusted the trading fees of alumina futures AO2509 contract [22] - The global lead market had a supply shortage in March 2025 [22] Black - Series Futures - Rebar production increased, factory inventory rose, social inventory decreased, and apparent demand declined [24] - China's cumulative power generation installed capacity increased by 15.9% year - on - year as of the end of April [24] - Steel social inventory in 21 cities decreased in mid - May, with a narrowing decline [24] - Global crude steel production in April 2025 decreased by 0.3% year - on - year [25] - The average profit per ton of coke in independent coking plants varied by region [26] Agricultural Product Futures - Malaysia's palm oil production and exports are expected to increase in May [28] - Nigeria's palm oil prices may rise due to Indonesia's export tax increase [28] - Market rumors suggest the US government may grant small refinery exemptions, reducing biodiesel production and oil consumption [29] - IGC maintains the 2025/26 global soybean production forecast, with increased trade and consumption [29] - US soybean export net sales data for different periods [30] - Canada's rapeseed exports increased, and commercial inventory was reported [30] - The proportion of US soybean and corn planting areas affected by drought [30] - US cotton ON - call unpriced orders data [31] - Argentina's soybean sales accelerated in the first two weeks of May [31] Financial Market Finance - The CSRC will optimize the listing environment for technology companies and implement a more flexible IPO adjustment mechanism [33] - A - shares closed lower on Thursday, with some sectors rising and others falling [35] - Hong Kong stocks declined, but two new stocks had a strong performance in the dark - market trading [35] - CATL's H - shares will be included in MSCI indices [36] - Lenovo Group's Q4 revenue and profit increased [36] Industry - China's cumulative power generation installed capacity increased, with significant growth in solar and wind power [37] - The Cyberspace Administration of China will launch a special campaign to rectify online "black - mouth" against enterprises [37] - The world's first "Intelligent Grading of Humanoid Robots" standard was released [39] - Shanghai introduced measures to promote the high - quality development of the technology service industry [39] - A group standard for all - solid - state batteries was released [39] - TOP100 real - estate enterprises' land reserves decreased in 2024 [39] - China's narrow - sense passenger car retail sales are expected to increase in May [40] - The "JD Takeaway" platform was interviewed by the market supervision department [40] Overseas - Fed Governor Waller suggests a possible rate cut in the second half of 2025 if tariffs stabilize [41] - US manufacturing and service PMI data in May [43] - Harvard University's international student enrollment qualification was revoked [43] - US existing - home sales decreased in April, with a rising median price [43] - US initial jobless claims decreased to a four - week low [43] - Eurozone's May PMI data, with a decline in the composite PMI [44] - European Central Bank's meeting minutes and market expectations for a rate cut [44] - Japan's core machinery orders increased significantly in March [44] - Thailand's court ruled that Yingluck Shinawatra should pay compensation [46] International Stocks - US stocks closed mixed, with the S&P 500 and Nasdaq recording three - day losses [47] - European stocks closed lower due to concerns about bond yields and tax reform [47] - Berkshire Hathaway's Greg Abel met with Japanese trading company executives [48] - Kraken plans to allow non - US customers to trade stocks in token form [48] Commodity - International precious metal futures declined, affected by the US fiscal deficit, inflation, and the dollar [50] - International oil prices weakened, pressured by OPEC + production increase expectations and US inventory [50] - London basic metals mostly fell, with supply - chain changes [50] - OPEC + is discussing a production increase in July [51] - SHFE adjusted the trading fees of alumina and natural rubber futures contracts [51] Bond - China's bond market continued to fluctuate, with the central bank conducting reverse - repurchase operations [52] - A member of the Bank of Japan's council believes no intervention in the bond market is necessary [54] - US Treasury yields declined across the board [54] - European bond yields showed mixed trends [54] Foreign Exchange - The on - shore RMB against the US dollar rose, and the central parity rate was adjusted up [55] - The RMB ranked fifth in global payment currency in April [55] - Japan's foreign - exchange official stated that exchange rates should be determined by the market [55] - The US dollar index rose, and most non - US currencies fell [57] Upcoming Economic Data and Events - Economic data release schedule including UK consumer confidence, Japan's CPI, etc. [59] - Event schedule including Trump's dinner invitation, central bank operations, and corporate earnings reports [61]

港股市场今日收跌，巨星传奇大幅上涨超26%。各行业板块表现分化，科技股多数下挫，而黄金股则表 现强势。投资者关注焦点集中在巨星传奇及小鹏汽车等个股表现上。 港股市场整体情况 港股市场今日低开低走，三大指数全面收跌。恒生指数收跌1.19%，报23544.31点；恒生科技指数跌 1.7%，报5251.75点；恒生中国企业指数跌1.19%，报8557.64点。 盘面上，大型科技股表现不佳，百度集团绩后跌超4%，小米集团跌超2%，美图公司跌超6%。苹果概念 股多数走低，东江集团控股跌4%，比亚迪电子跌超3%，舜宇光学科技跌近2%。餐饮股行情低迷，特海 国际跌超10%，影视股也表现不佳，阿里影业跌超5%。 值得关注的是，金价上涨带动黄金股集体上扬，潼关黄金涨超9%，老铺黄金涨超6%。市场呈现明显的 结构性分化，部分板块逆市走强，如黄金股、航运股等，而汽车产业链则普遍承压。 巨星传奇股价大涨 巨星传奇股价表现抢眼，逆市大涨超26%，报6.3港元，最新总市值达54亿港元。股价强势上涨主要受 益于公司IP业务发展。 近期，由巨星传奇策划的《周游记3》在浙江卫视及多个网络平台同步上线，播出后迅速引发热潮。市 场分析认为，公司自 ...

5月9日，巨星传奇（06683.HK）股价大幅飙升，盘中股价一度涨逾42%；截至收盘，该股涨幅为 15.82%，报4.32港元/股。 在消息层面，分析指出，近期周杰伦的嘉年华;世界巡回演唱会三亚站对消费产生了超过11亿元的推动 效应。此外，《周游记3》首播即获得收视率冠军，全网话题热度接近2亿，巨星传奇或因此成为主要的 受益方。 其实，作为周杰伦概念股;，巨星传奇的股价波动始终与巨星IP价值深度绑定。自上市以来，凭借周杰 伦IP变现;的强大吸引力，其股价不到一年内就实现翻倍。然而，自2024年6月中旬起，股价开始持续下 滑，2024年9月11日更是暴跌72.24%，直接跌破发行价。 当前，巨星传奇估值仍高企，截至今日收盘，巨星传奇市盈率（TTM）达61.71倍。因此，周杰伦IP为 公司带来了巨大的市场想象力，投资者在关注其潜力的同时，也需警惕估值过高可能带来的泡沫风险。 本文源自：财华网 资料显示，巨星传奇成立于2017年，主要由周杰伦的母亲叶惠美、经纪人杨峻荣、共同创建，专注于周 杰伦IP运营和新零售业务。其中，IP运营具体业务包括为周杰伦策划演唱会、取得周杰伦形象权使用权 拍摄节目、获得周杰伦IP授权等。 ...

港股非酒精饮料股震荡上升，安德利果汁(02218.HK)涨超47%，统一企业中国(00220.HK)涨近9.5%，茶 百道(02555.HK)涨近9%，巨星传奇(06683.HK)涨超4%，古茗(01364.HK)、蜜雪集团(02097.HK)均涨 2%。 ...

Financial Performance - In FY2024, the company recorded revenue of RMB 584.0 million, representing an increase of approximately 35.8% compared to FY2023[15]. - The Group's total revenue for FY2024 was RMB584.0 million, representing an increase of approximately 35.8% compared to FY2023[31]. - The new retail business generated revenue of approximately RMB 269.8 million, reflecting an increase of approximately 12.5% from FY2023[38]. - The Group recorded a revenue of RMB 584.0 million for FY2024, representing an increase of approximately 35.8% compared to RMB 430.2 million in FY2023[56]. - Revenue from the IP creation and operation business reached RMB 314.3 million, an increase of approximately 65.1% from RMB 190.4 million in FY2023[36]. - The new retail business revenue amounted to RMB269.8 million in FY2024, representing a 12.5% increase from RMB239.8 million in FY2023[64]. - The flagship product, MODONG coffee, generated sales revenue of RMB152.0 million in FY2024, up from RMB139.8 million in FY2023, with a sales volume of approximately 1.8 million boxes[64]. IP Creation and Operation - Revenue from IP creation and operation reached RMB 314.3 million, reflecting a year-on-year growth of approximately 65.1%[15]. - The two business segments contributed approximately 53.8% from IP creation and operation and 46.2% from new retail business to the Group's revenue in FY2024[31]. - The airing of two major TV programmes generated revenue of RMB 167.6 million during FY2024[36]. - The Group generated revenue of RMB314.3 million from its IP creation and operation business in FY2024, a 65.0% increase from RMB190.4 million in FY2023, contributing approximately 53.8% of total revenue[61]. Market Expansion and Product Development - The Group plans to launch a new product line "Modong Magic" focusing on functional coffee that combines coffee with various nutrients[29]. - The Group plans to establish a new production line in Taiwan to produce MODONG coffee and other products targeting overseas and Taiwan markets[48]. - The Group is planning offline events, including a fitness carnival and concerts, to increase interaction between celebrities and fans[49]. - The Group plans to launch various new products with emotional value, including plush toys and household items[50]. Cost and Profitability - The Group recorded a cost of revenue of RMB257.0 million in FY2024, an increase of approximately 67.0% from RMB153.9 million in FY2023[68]. - Gross profit for FY2024 was RMB327.0 million, an 18.4% increase from RMB276.3 million in FY2023, with a gross profit margin decreasing to 56.0% from 64.2%[69]. - The Group recorded a profit of RMB50.2 million in FY2024, with a net profit margin of 8.6%, down from 9.6% in FY2023[74]. Management and Governance - The Group's leadership team includes professionals with extensive backgrounds in finance, legal, and cultural project management, enhancing its strategic capabilities[108][119]. - The Group is actively expanding its board with experienced independent directors to enhance governance and strategic oversight[126]. - The Group's board includes independent directors who provide critical oversight and strategic advice, ensuring robust governance[119]. - The company aims to expand its market presence and enhance its operational strategies through experienced management[113][116]. Employee and Operational Insights - Employee benefit expenses for FY2024 amounted to RMB 106.2 million, an increase from RMB 70.5 million in FY2023[180]. - As of December 31, 2024, the Group had 412 employees, up from 353 employees a year earlier[179]. - The Group emphasizes the importance of employees as valuable assets and invests in recruitment and training programs to enhance career development[164][170]. Financial Position and Liquidity - As of December 31, 2024, the Group had cash and cash equivalents of RMB296.5 million, significantly up from RMB145.8 million as of December 31, 2023[76]. - The current ratio of the Group was 3.7 times as of December 31, 2024, compared to 3.6 times in the previous year, indicating strong liquidity[81]. - The Group's outstanding bank borrowings decreased to RMB 5.0 million as of December 31, 2024, from RMB 10.0 million a year earlier, secured by certain properties[84]. Compliance and Environmental Policies - The Group has not faced any fines or penalties for non-compliance with environmental regulations during FY2024[160][166]. - The Group has complied with relevant laws and regulations in the PRC that significantly impact its business operations for FY2024[162][168]. - The Group's environmental policies aim to minimize its carbon footprint and promote sustainability[160][166].

Core Viewpoint - The company, 巨星传奇, has shown significant growth in its first year post-IPO, particularly in its IP creation and operation business, which has outperformed its new retail segment. Financial Performance - In 2024, 巨星传奇 achieved revenue of approximately 584 million yuan, a year-on-year increase of 35.8% [3] - Revenue from IP creation and operation reached about 314 million yuan, growing by 65.1%, and its revenue share increased from 44.2% in 2023 to 53.8% in 2024 [3][5] - The company's gross profit for the year was approximately 327 million yuan, up 18.4%, while net profit was around 50 million yuan, reflecting a 21.3% increase [3] Business Segments - The two main business segments contributing to growth are IP creation and operation, and new retail, with respective revenue growth rates of 65.1% and 12.5% [5] - The success of two television programs, 《周游记2》 and 《乐来乐快乐》, significantly boosted the IP business, generating approximately 168 million yuan in revenue [6][10] IP Development - The company has developed a robust IP matrix, focusing on creating sustainable and engaging IPs [5][12] - The successful IPs "周同学" and "刘教练" highlight the company's strong capabilities in IP creation and operation [12] New Retail Business - In 2024, the new retail segment generated approximately 270 million yuan, a 12.5% increase, with "魔胴咖啡" contributing about 152 million yuan [16] - "魔胴咖啡" has become a market leader in the bulletproof beverage sector, with cumulative sales exceeding 100 million cups by the end of 2024 [17] AI Integration - The company is leveraging AI technology to enhance operational efficiency and user experience in its new retail business [29] - A joint venture with Digital Domain aims to integrate AI with IP, creating digital content and virtual idols for commercialization [24][27] Future Outlook - The company plans to further integrate its IP and new retail businesses, enhancing its marketing network and product line [21][22] - Future initiatives include launching AI-driven features such as AI hosts and nutritionists to create a comprehensive ecosystem [28]

（原标题："IP+AI+新零售+全域渠道"四轮驱动，巨星传奇能否撬动情绪经济的下一个千亿市场？） 周杰伦"嘉年华"世界巡回演唱会三亚站日前圆满落幕，创下多项纪录。据三亚市旅文局统计，为期3天的演唱会共吸引15.14万人次参与，带动当 地综合消费超11亿元。 演唱会场地周边，贩售演唱会手办及周边的机器人商店前排起长龙，粉丝们争相购买周杰伦官方二次元形象"周同学"系列产品。现场随处可见粉 丝们手持周同学手办，与高达3米的"周同学"巨型雕塑兴奋合影，打卡热潮迅速席卷社交媒体。 与此同时，周杰伦本人在演唱会上喊话，要粉丝记得去看最新上线的《周游记3》。据统计，周杰伦领衔的真人秀《周游记3》首集播出即以破竹 之势斩获优酷热度榜第一，并拿下CSM71城省级卫视同时段收视冠军，全网相关话题曝光量近2亿，热搜狂揽22个，微博、抖音、小红书热度飙 升，强势开启"周游"新篇章。 然而，《周游记》及周同学IP的幕后打造者，正是深耕明星IP运营及新零售的"明星IP第一股"巨星传奇（股票代码：6683.HK）。该公司是以明星 IP为核心、AI技术为杠杆、融合新零售实现全域渠道变现的公司，在消费市场整体承压的背景下实现逆势增长。 最新披 ...

巨星传奇(06683.HK)公告，截至2024年12月31日，公司收入人民币5.84亿元，同比增加约35.8%；集团 两大业务板块——IP创造及运营业务、新零售业务的收入在总营收占比中分别达53.8%及46.2%。去 年，公司毛利人民币3.27亿元，同比增加约18.4%；净利润人民币5020万元，同比增加约21.3%。 IP创造及运营收入反超新零售 集团的旗舰产品魔胴咖啡继续受消费者欢迎。根据灼识咨询报告，魔胴咖啡于2020—2024年连续五年在 中国防弹饮料市场排名第一(按总商品销售额计)，集团其他产品抹茶粉、蛋白棒等亦获得市场高度认 同。(齐和宁) 除此之外，报告期间，集团新零售业务持续表现强劲，录得收入约人民币2.70亿元，同比增长约 12.5%。该业务主要集中于开发及销售健康管理产品及护肤产品，并通过不同渠道分销。 据介绍，巨星传奇于2024财年IP创造及营运业务表现显著增长，主要是由于集团两大电视节目成功播 出，即由周杰伦全程参与的户外实境互动综艺节目《周游记》第二季于2024年完播，全网收获392个热 搜，相关话题在微博阅读量已突破6亿，快手全站播放量超25.2亿，观众反应热烈。 同时，2024年 ...

Financial Performance - Revenue reached RMB 584.0 million, an increase of approximately 35.8% compared to the fiscal year 2023[4] - Revenue from IP creation and operation business amounted to RMB 314.3 million, representing a growth of about 65.1% year-over-year[4] - Gross profit was RMB 327.0 million, up approximately 18.4% from the previous fiscal year[4] - Net profit increased to RMB 50.2 million, reflecting a growth of 21.3% compared to fiscal year 2023[4] - Total revenue from mainland China was RMB 571,146,000, a significant increase from RMB 428,140,000 in 2023, reflecting a growth of 33.3%[22] - The company reported a pre-tax profit of RMB 86,818,000 for the fiscal year 2024, compared to RMB 66,858,000 in 2023, reflecting a 30% increase[20] - The company incurred total tax expenses of RMB 36,578,000 for the fiscal year 2024, compared to RMB 25,447,000 in 2023, representing a 43.7% increase[24] - The company’s total equity increased to RMB 959.7 million, up from RMB 691.6 million in the previous year[8] - The company’s gross profit for fiscal year 2024 was RMB 327.0 million, an increase of approximately 18.4% from RMB 276.3 million in fiscal year 2023, with a gross margin of 56.0%[68] Assets and Liabilities - Total assets as of December 31, 2024, were RMB 1,246.5 million, compared to RMB 902.6 million in 2023[8] - Cash and cash equivalents increased to RMB 296.5 million, up from RMB 145.8 million in the previous year[7] - The company reported a significant increase in trade and other receivables, reaching RMB 398.9 million, compared to RMB 327.4 million in 2023[7] - Trade receivables amounted to RMB 312,025,000 as of December 31, 2023, with a net amount of RMB 303,375,000 after accounting for impairment provisions of RMB 8,650,000[37] - The company has no impairment provisions for television program copyrights, indicating that the estimated recoverable amount exceeds the carrying value[35] - Trade and other payables increased to RMB 130.7 million in 2024 from RMB 117.7 million in 2023[42] Shareholder Information - Basic earnings per share rose to RMB 0.07, compared to RMB 0.05 in the previous year[6] - The company did not declare a final dividend for the fiscal year ending December 31, 2024, consistent with the previous year[29] - The company issued 31,451,000 ordinary shares on May 2, 2024, raising a net amount of HKD 222.1 million (approximately RMB 201.9 million)[40] - The company does not recommend any final dividend for the year ending December 31, 2024[90] Business Segments - The revenue from the new retail segment was RMB 269,750,000, while the IP creation and operation segment generated RMB 314,260,000[19] - The new retail business generated approximately RMB 269.8 million in revenue, representing a growth of about 12.5% compared to the fiscal year 2023[51] - Revenue from the television programs "周游记2" and "乐来乐快乐" contributed RMB 167.6 million during fiscal year 2024[49] - The company’s two main business segments accounted for approximately 53.8% and 46.2% of total revenue, respectively[47] Future Plans and Strategies - The company plans to continue expanding its market presence and investing in new product development to sustain growth[19] - The company plans to continue expanding its online and offline events, including the "一千零一夜" variety music festival[50] - The company plans to launch a new product line called "Modong Magic," combining coffee with various nutrients to meet health needs[57] - The company aims to strengthen offline distribution channels by opening "black label" stores themed around its star IP, offering high-end products[59] - The company plans to host various events and media content targeting its core star IP, including the release of "Zhou You Ji 3" in March 2025[56] Compliance and Governance - The company has complied with the corporate governance code as per the listing rules during the reporting period[92] - The company has adopted the standard code for securities trading for directors and employees, confirming full compliance during the reporting period[93] - The audit committee has been established and consists of three independent non-executive directors[95] - The group's consolidated financial statements for the fiscal year 2024 have been reviewed and agreed upon by the auditors[96] Employee and Operational Information - Employee benefits expenses amounted to RMB 106.2 million in FY2024, up from RMB 70.5 million in FY2023[82] - The group employed 412 staff as of December 31, 2024, an increase from 353 staff in the previous year[81] - The group recorded general and administrative expenses of RMB 114.0 million for FY2024, an increase of approximately 6.9% compared to RMB 106.6 million in FY2023[70] Accounting and Reporting Standards - The financial statements comply with Hong Kong Financial Reporting Standards and the Hong Kong Companies Ordinance[12] - The group has adopted new and revised accounting standards effective from January 1, 2024, with no significant impact expected on current or future periods[15] - The group is evaluating the specific impact of adopting new accounting standards on its consolidated financial statements[18] - The adoption of HKFRS 18 is not expected to affect the group's net profit but may change the classification of income and expenses in the income statement[18]