港股异动丨彩星玩具大跌超15%，合作37年后“忍者龟”特许权协议自2027年起不再续期

Core Viewpoint - The stock price of Color Star Technology (0869.HK) dropped over 15% to HKD 0.43, marking a new low since April 2023, following the announcement that the long-standing licensing agreement for the "Teenage Mutant Ninja Turtles" will not be renewed after 2027 [1] Group 1: Financial Impact - The "Teenage Mutant Ninja Turtles" products were a significant revenue source for the company, with sales revenue from these products increasing from 8% of total revenue in 2021 to 77% in 2022 [1] - The sales revenue contribution from "Teenage Mutant Ninja Turtles" products is projected to decline to 47% by December 31, 2024, and further to 36% by June 30, 2025 [1]