Is China’s Influence on the Oscars Growing?

(Spotlight was released by Open Road Films, a film production company co-founded by AMC Entertainment Holding Inc. and Regal Entertainment …

It’s been 16 years since one of China’s submissions to the Academy Awards was actually nominated for an Oscar. (It was Zhang Yimou’s Hero, which lost out to Nowhere in Africa as the Best Foreign Language Film in 2003.) But that doesn’t mean China has been entirely absent from Hollywood’s glitziest ceremony in recent years.

Although we didn’t see any Chinese filmmakers listed among the 2019 Academy Award nominations, there were nevertheless a number of films in the mix that were produced with investment from China. China’s film industry might require some more time to mature to a level where it can directly compete for a statuette on a regular basis, but in the meantime, funding from Chinese companies has become a different way to realize the “Oscar dream” — and for Chinese companies to influence the global film market.

Back in 2016, while many were cheering Leonardo DiCaprio’s long-awaited Best Actor win for The Revenant, Guangdong-based Alpha Pictures — which also co-produced 2016 film Assassin’s Creed — had some cheering of its own to do as investors in the Oscar-winning film. That same year, Best Film winner Spotlight received high praise from Wang Jianlin, the CEO of Chinese entertainment giant Wanda and a 60% stock share owner (at the time) of AMC Entertainment Holding. (Spotlight was released by Open Road Films, a film production company co-founded by AMC Entertainment Holding Inc. and Regal Entertainment Group in 2011.)

These days, Alpha Entertainment — a pan-entertainment company that owns the famous China-original animated IP Xi Yangyang and Hui Tailang(Pleasant Goat and Big Big Wolf) — has shifted its interest to other areas it’s more familiar with, such as creating intellectual property, building theme parks, and making toys. Wanda has dramatically reduced its AMC shareholdings in recent years, and sold off its failing film theme parks. In 2017, Open Road Films was bought by Tang Media Partners, purchased with Chinese capital from Tencent.

Overall, Tencent’s film production arm — Tencent Pictures — has fared better in Hollywood. The company co-produced Wonder Woman in 2017 alongside Wanda Media, and also contributed resources to the production of Kong: Skull Island (2017) and Venom (2018), the latter of which came with a suite of clever, China-specific ad campaigns. The next popcorn flick on the Tencent Pictures docket is the as-yet-untitled Terminator reboot, which will feature Arnold Schwarzenegger and Linda Hamilton reprising their roles from the iconic 1984 original.

Tencent rival iQIYI has also gotten in on the Hollywood co-production game — in 2020, iQIYI Pictures will present a new xXx film (the fourth) featuring pop star Jay Chou and TF Boys member Roy Wang alongside franchise anchor Vin Diesel. (Editor’s note: xXx 3, which starred Kris Wu and veteran Hong Kong actor Donnie Yen, pulled in three times its total North America box office on its opening night in China.)

Naturally, Tencent’s chief rival, Alibaba, has also entered the film production fray. Since 2015, Alibaba Pictures Group has invested and co-produced Mission: Impossible — Rogue Nation (2015), Star Trek Beyond (2016), Teenage Mutant Ninja Turtles: Out of the Shadows (2016), and Mission: Impossible — Fallout (2018). The company’s latest co-production, Green Book, has been nominated for five Academy Awards this year, including a Best Actor nod for Viggo Mortensen and a Best Supporting Actor nomination for Mahershala Ali.

While internet companies like Tencent, Alibaba, and Baidu-backed iQIYI become increasingly invested in the overseas film-making industry, traditional film companies face various challenges.

TIK Films, a film-focused subsidiary of Hunan Broadcasting Media Group, announced a 1.5 billion USD collaboration with Lionsgate Films in 2015, through which it has co-produced Now You See Me 2 (2016) and the Oscar-winning La La Land (2016), as well as Hacksaw Ridge (2016). Unfortunately, the collaboration seems to have been suspended after TIK CEO Long Qiuyun resigned in 2017, and was arrested for taking bribes at the beginning of 2018.

Huayi Brothers Media Group got off to a promising start with their co-production of the Academy Award-nominated Molly’sGame, before hitting a hiccup with a high-profile tax evasion scandal last summer.

If we’re focusing exclusively on the Academy’s gold statuette, then Beijing-based Perfect World Pictures is so far leading the pack. Their co-production of Darkest Hour, Phantom Thread, and Victoria & Abdul has won them several Oscars over the last two years. The company also had a hand in Pacific Rim: Uprising (2018), Jurassic World: Fallen Kingdom (2018), The Mummy (2017), and even Fifty Shades Darker (2017) as a partner of Universal Pictures since 2016.

So, is Alibaba or Perfect World winning the overseas Chinese film investment game? Will we see more Chinese co-produced popcorn flicks or Oscar bait in the year to come? Will some unknown black horses emerge victorious in the 2019 box office? Or will a 100% homemade phenomenon, like the just-released sci-fi epic Wandering Earth, prove that China’s domestic film industry can finally produce a crossover hit overseas?

We’ll keep our eyes on the silver screen all year long to find out.

Cover image: Spotlight (via Mtime)

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Centurylink (CTL) Holder Lawson Kroeker Investment Management Increased Its Position; As Jd …

Some Historical CTL News: 05/04/2018 – CenturyLink Closes Above 50-Day Moving Average: Technicals; 06/03/2018 – InsideSales.com Announces …

JD.com, Inc. (NASDAQ:JD) Logo

Lawson Kroeker Investment Management Inc increased its stake in Centurylink Inc (CTL) by 4060% based on its latest 2018Q3 regulatory filing with the SEC. Lawson Kroeker Investment Management Inc bought 434,623 shares as the company’s stock declined 21.82% with the market. The institutional investor held 445,328 shares of the public utilities company at the end of 2018Q3, valued at $9.44 million, up from 10,705 at the end of the previous reported quarter. Lawson Kroeker Investment Management Inc who had been investing in Centurylink Inc for a number of months, seems to be bullish on the $15.72 billion market cap company. The stock increased 3.12% or $0.44 during the last trading session, reaching $14.55. About 12.34M shares traded. CenturyLink, Inc. (NYSE:CTL) has risen 20.92% since February 13, 2018 and is uptrending. It has outperformed by 20.92% the S&P500. Some Historical CTL News: 05/04/2018 – CenturyLink Closes Above 50-Day Moving Average: Technicals; 06/03/2018 – InsideSales.com Announces Next-Gen Al Technology for Sales; 25/04/2018 – Globalstar to merge with FiberLight in $1.65 bln deal; 10/05/2018 – CENTURYLINK INC CTL.N : BARCLAYS RAISES TARGET PRICE TO $18 FROM $17; 27/04/2018 – Orlando Magic and CenturyLink Team Up to Recognize Students Through STEM All-Stars Program; 25/04/2018 – GLOBALSTAR INC – FIBERLIGHT IS SEEKING AN AMENDMENT TO ITS $255 MLN SENIOR DEBT FACILITY WITH COBANK; 19/04/2018 – CenturyLink strengthens connections between Boys Town National Hotline and individuals seeking help; 05/05/2018 – About an hour after the doors at CenturyLink Center in Omaha were opened, there were already hundreds of people in line to get into the exhibit; 04/05/2018 – CenturyLink Presenting at JPMorgan Conference May 16; 19/04/2018 – CenturyLink Bond Trading 2x Average; Clients Net Buyers

Baillie Gifford & Company decreased its stake in Jd.Com Inc (JD) by 13.12% based on its latest 2018Q3 regulatory filing with the SEC. Baillie Gifford & Company sold 1.58 million shares as the company’s stock declined 22.69% with the market. The institutional investor held 10.43 million shares of the consumer services company at the end of 2018Q3, valued at $272.21M, down from 12.01M at the end of the previous reported quarter. Baillie Gifford & Company who had been investing in Jd.Com Inc for a number of months, seems to be less bullish one the $35.71 billion market cap company. The stock increased 1.65% or $0.4 during the last trading session, reaching $24.68. About 59,899 shares traded. JD.com, Inc. (NASDAQ:JD) has declined 46.21% since February 13, 2018 and is downtrending. It has underperformed by 46.21% the S&P500. Some Historical JD News: 15/05/2018 – JD.com Invests US$306m in ESR; 24/04/2018 – JOHNSON CONTROLS, JD.COM IN AUTO BATTERY REPLACEMENT MKT PACT; 10/04/2018 – Swiss watchmaker Audemars Piguet makes China push, on track to hit 2018 sales target; 27/04/2018 – JD.com, Inc. Files Its Annual Report on Form 20-F; 08/05/2018 – JD.COM 1Q NET REV. 100.1B YUAN, EST. 98.99B YUAN; 16/03/2018 – CHINA’S JD.COM JD.O FINANCE UNIT LOOKING TO RAISE ABOUT $1.9 BLN THAT COULD VALUE IT AT MORE THAN $20 BLN; 24/04/2018 – E-Commerce: Global Markets to 2022 – Leading Players are Alibaba, Amazon.com, Apple, JD.com and Walmart – ResearchAndMarkets.com; 18/04/2018 – MEDIA-Tencent, JD.com, Wanda to fund LeEco subsidiaries -Caixin; 29/05/2018 – JD.com tests L4 autonomous truck in US, sources say; 16/04/2018 – JD.COM SAYS FILES TO CLARIFY POTENTIAL CONFUSION CAUSED BY CERTAIN STATEMENTS MADE BY CO’S CHIEF EXECUTIVE OFFICER, RICHARD QIANGDONG LIU -SEC FILING

More notable recent CenturyLink, Inc. (NYSE:CTL) news were published by: Seekingalpha.com which released: “CenturyLink: Buy This Turnaround – Seeking Alpha” on August 22, 2018, also Seekingalpha.com with their article: “CenturyLink Management Vs. Wall Street Sentiment – Seeking Alpha” published on January 25, 2019, Seekingalpha.com published: “Why CenturyLink’s Price Is Floundering – Seeking Alpha” on January 25, 2019. More interesting news about CenturyLink, Inc. (NYSE:CTL) were released by: Seekingalpha.com and their article: “CenturyLink opens eighth security operations center in Singapore – Seeking Alpha” published on January 17, 2019 as well as Seekingalpha.com‘s news article titled: “CenturyLink Q4 2018 Earnings Preview – Seeking Alpha” with publication date: February 12, 2019.

Since August 21, 2018, it had 1 insider buy, and 3 selling transactions for $258.86 million activity. POST GLEN F III also sold $3.60M worth of CenturyLink, Inc. (NYSE:CTL) shares. Another trade for 53,164 shares valued at $1.00M was made by Trezise Scott on Tuesday, December 4. On Wednesday, January 16 Temasek Holdings (Private) Ltd sold $254.40M worth of CenturyLink, Inc. (NYSE:CTL) or 16.00 million shares.

Among 23 analysts covering Centurylink Inc. (NYSE:CTL), 8 have Buy rating, 5 Sell and 10 Hold. Therefore 35% are positive. Centurylink Inc. had 68 analyst reports since July 31, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, January 3 by JP Morgan. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Underweight” rating by Morgan Stanley on Monday, July 18. The rating was initiated by Suntrust Robinson on Tuesday, December 13 with “Hold”. J.P. Morgan maintained CenturyLink, Inc. (NYSE:CTL) rating on Thursday, November 9. J.P. Morgan has “Buy” rating and $26.0 target. The firm has “Hold” rating by RBC Capital Markets given on Friday, July 7. The stock of CenturyLink, Inc. (NYSE:CTL) earned “Neutral” rating by Macquarie Research on Monday, July 11. The firm has “Hold” rating by Cowen & Co given on Wednesday, October 18. As per Friday, December 15, the company rating was upgraded by Barclays Capital. The stock has “Outperform” rating by Oppenheimer on Tuesday, November 8. As per Tuesday, October 13, the company rating was initiated by Cowen & Co.

Investors sentiment increased to 1.32 in Q3 2018. Its up 0.22, from 1.1 in 2018Q2. It increased, as 39 investors sold CTL shares while 182 reduced holdings. 94 funds opened positions while 198 raised stakes. 785.39 million shares or 2.54% less from 805.85 million shares in 2018Q2 were reported. Hap Trading Lc invested in 41,012 shares or 0.05% of the stock. Moreover, Commercial Bank Of Montreal Can has 0.03% invested in CenturyLink, Inc. (NYSE:CTL) for 1.64M shares. Covey Capital Advisors reported 117,185 shares stake. Lourd Cap Ltd Liability Corp has 0.02% invested in CenturyLink, Inc. (NYSE:CTL). Bnp Paribas Asset Management Holdg Sa stated it has 335,191 shares or 0.05% of all its holdings. Ameriprise Financial stated it has 1.66M shares or 0.01% of all its holdings. Burt Wealth Advisors accumulated 8 shares. Raymond James Fincl Services Advsrs has invested 0.01% of its portfolio in CenturyLink, Inc. (NYSE:CTL). Gru Incorporated stated it has 0.03% in CenturyLink, Inc. (NYSE:CTL). Oppenheimer Inc stated it has 0.19% in CenturyLink, Inc. (NYSE:CTL). 29,124 were reported by Investors Asset Management Of Georgia Ga Adv. Clearbridge Invests Ltd Com holds 988 shares. Park Circle holds 0.72% or 54,000 shares in its portfolio. Acr Alpine Research Ltd Liability Corporation invested in 6.08M shares. Financial Architects owns 16,309 shares.

Analysts await JD.com, Inc. (NASDAQ:JD) to report earnings on March, 1. They expect $-0.11 EPS, down 10.00% or $0.01 from last year’s $-0.1 per share. After $0.02 actual EPS reported by JD.com, Inc. for the previous quarter, Wall Street now forecasts -650.00% negative EPS growth.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Investorplace.com which released: “It Looks Like the Worst Is over, and JD Stock Could Rally Big – Investorplace.com” on January 24, 2019, also Nasdaq.com with their article: “JD.com Releases Corporate Social Responsibility Report; Highlights Sustainability, Innovation and Empowerment – Nasdaq” published on January 21, 2019, Nasdaq.com published: “JD.com, Inc. (JD) Dips More Than Broader Markets: What You Should Know – Nasdaq” on February 06, 2019. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Nasdaq.com and their article: “Fashion startup Zilingo raises $226 mln from Singapore’s Temasek, others – Nasdaq” published on February 11, 2019 as well as Nasdaq.com‘s news article titled: “CytomX Therapeutics Announces Senior Management Appointments – Nasdaq” with publication date: February 05, 2019.

Baillie Gifford & Company, which manages about $92.61 billion US Long portfolio, upped its stake in Baozun Spn Adr 1:1 by 202,443 shares to 933,053 shares, valued at $45.33 million in 2018Q3, according to the filing. It also increased its holding in Petrobras Common Adr (NYSE:PBR) by 1.66 million shares in the quarter, for a total of 18.40 million shares, and has risen its stake in Evolent Health Inc A.

Among 23 analysts covering JD.com (NASDAQ:JD), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. JD.com had 63 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Tuesday, November 14 by Morgan Stanley. On Friday, November 6 the stock rating was initiated by Goldman Sachs with “Buy”. Macquarie Research downgraded the shares of JD in report on Tuesday, November 20 to “Neutral” rating. The stock of JD.com, Inc. (NASDAQ:JD) has “Buy” rating given on Tuesday, January 16 by Stifel Nicolaus. The stock of JD.com, Inc. (NASDAQ:JD) has “Buy” rating given on Wednesday, August 23 by M Partners. The stock of JD.com, Inc. (NASDAQ:JD) earned “Buy” rating by Nomura on Tuesday, November 14. Stifel Nicolaus maintained JD.com, Inc. (NASDAQ:JD) rating on Friday, August 17. Stifel Nicolaus has “Buy” rating and $48 target. UBS upgraded the stock to “Buy” rating in Monday, October 30 report. The stock has “Buy” rating by TH Capital on Thursday, August 6. The firm earned “Hold” rating on Wednesday, May 9 by J.P. Morgan.

CenturyLink, Inc. (NYSE:CTL) Institutional Positions Chart

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Baupost Group Has Trimmed Its Stake in Amc Entmt Hldgs (AMC) as Market Value Declined …

Highvista Strategies Llc increased its stake in Mobile Telesystems Pjsc (MBT) by 325.32% based on its latest 2018Q3 regulatory filing with the SEC.

AMC Entertainment Holdings, Inc. (NYSE:AMC) Logo

Highvista Strategies Llc increased its stake in Mobile Telesystems Pjsc (MBT) by 325.32% based on its latest 2018Q3 regulatory filing with the SEC. Highvista Strategies Llc bought 50,100 shares as the company’s stock declined 5.99% with the market. The hedge fund held 65,500 shares of the telecommunications equipment company at the end of 2018Q3, valued at $559,000, up from 15,400 at the end of the previous reported quarter. Highvista Strategies Llc who had been investing in Mobile Telesystems Pjsc for a number of months, seems to be bullish on the $7.37B market cap company. It closed at $7.98 lastly. It is up 22.71% since January 12, 2018 and is downtrending. It has underperformed by 22.71% the S&P500. Some Historical MBT News: 20/03/2018 – MTS MBT.N : VTB CAPITAL LOWERS TO HOLD FROM BUY FOR DRS; 27/03/2018 – Report: Exploring Fundamental Drivers Behind Mobile TeleSystems OJSC, Scorpio Tankers, Magellan Midstream Partners, National St; 15/05/2018 – EQS-News: Mobile TeleSystems PJSC: MTS Placed Bonds Using Blockchain Technology; 23/05/2018 – MOBILE TELESYSTEMS 1Q NET 15.4B RUBLES; 19/03/2018 – MOBILE TELESYSTEMS SEES 2018 DIVS AT ABOUT 52B RUBLES; 19/03/2018 – Russia’s MTS expects slight revenue growth in 2018; 07/03/2018 – MOBILE TELESYSTEMS STAKE IN OZON.RU TO INCREASE TO 13.7%; 19/03/2018 – MOBILE TELESYSTEMS 4Q REV. 117B RUBLES, EST. 115B; 19/04/2018 – EQS-News: Mobile TeleSystems PJSC: MTS and MEDSI launch a platform for mobile telemedicine services; 23/05/2018 – MOBILE TELESYSTEMS 1Q ADJ OIBDA 52.1B RUBLES

Baupost Group Llc decreased its stake in Amc Entmt Hldgs Inc (AMC) by 45.37% based on its latest 2018Q3 regulatory filing with the SEC. Baupost Group Llc sold 2.27M shares as the company’s stock declined 22.52% with the market. The hedge fund held 2.73M shares of the consumer services company at the end of 2018Q3, valued at $55.99M, down from 5.00 million at the end of the previous reported quarter. Baupost Group Llc who had been investing in Amc Entmt Hldgs Inc for a number of months, seems to be less bullish one the $1.45 billion market cap company. The stock increased 2.18% or $0.3 during the last trading session, reaching $14.03. About 578,621 shares traded. AMC Entertainment Holdings, Inc. (NYSE:AMC) has risen 7.45% since January 12, 2018 and is uptrending. It has outperformed by 7.45% the S&P500. Some Historical AMC News: 04/04/2018 – AMC Entertainment Received First Cinema License to Open and Operate Cinemas in Saudi Arabia; 25/04/2018 – MEDIA-India’s IDFC in talks to sell AMC, broking units – Economic Times; 19/03/2018 – AMC Entertainment Holdings, Inc. Board Elects Wanda Film Group President John Zeng as AMC Board of Directors Chairman Reflectin; 05/04/2018 – AMC to open first commercial cinema in Saudi Arabia in 35 years; 17/05/2018 – AMC Entertainment Presenting at Conference May 23; 25/05/2018 – IDBI BANK APPROVES PLAN TO DIVEST PART STAKE IN AMC UNIT; 16/04/2018 – HDFC SAYS AMC UNIT’S FY18 PROFIT AT INR7.22B VS INR5.5B Y/Y; 07/05/2018 – AMC CEO: NOT CONCERNED THAT EUROPE HAD A SOFT QUARTER; 04/04/2018 – Off-Broadway Smash-Hit ‘Puffs’ Brings a Hilarious Take on the Wizarding World to Moviegoers Nationwide May 9 and 12 Only; 03/05/2018 – AMC Entertainment Holdings, Inc. Announces Quarterly Dividend of $0.20 Per Share

Among 10 analysts covering Mobile TeleSystems (NYSE:MBT), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Mobile TeleSystems had 20 analyst reports since August 19, 2015 according to SRatingsIntel. The rating was upgraded by J.P. Morgan on Wednesday, July 26 to “Buy”. The stock of Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT) earned “Equal Weight” rating by Morgan Stanley on Friday, May 5. The firm has “Buy” rating given on Wednesday, August 19 by Citigroup. On Wednesday, July 26 the stock rating was upgraded by JP Morgan to “Overweight”. The firm has “Overweight” rating given on Monday, January 22 by Morgan Stanley. Citigroup upgraded the shares of MBT in report on Monday, November 21 to “Buy” rating. The company was upgraded on Friday, October 21 by Raiffeisen Centrobank. The rating was initiated by Credit Suisse with “Outperform” on Monday, June 20. Standpoint Research downgraded the shares of MBT in report on Friday, April 7 to “Hold” rating. Deutsche Bank downgraded it to “Hold” rating and $10.6 target in Wednesday, December 6 report.

Highvista Strategies Llc, which manages about $3.88B and $214.42M US Long portfolio, decreased its stake in Transdigm Group Inc (NYSE:TDG) by 2,300 shares to 12,730 shares, valued at $4.74M in 2018Q3, according to the filing. It also reduced its holding in Amphenol Corp New (NYSE:APH) by 3,200 shares in the quarter, leaving it with 5,600 shares, and cut its stake in Dxc Technology Co.

Baupost Group Llc, which manages about $29.88B and $13.06 billion US Long portfolio, upped its stake in Tesla Inc (Prn) by 50.00 million shares to 300.00M shares, valued at $308.55 million in 2018Q3, according to the filing. It also increased its holding in Mckesson Corp (NYSE:MCK) by 548,000 shares in the quarter, for a total of 2.18M shares, and has risen its stake in Tribune Media Co.

Investors sentiment increased to 1.12 in Q3 2018. Its up 0.10, from 1.02 in 2018Q2. It improved, as 25 investors sold AMC shares while 42 reduced holdings. 35 funds opened positions while 40 raised stakes. 44.89 million shares or 3.50% less from 46.52 million shares in 2018Q2 were reported. Brookfield Asset Management stated it has 123,500 shares. Jpmorgan Chase And Co accumulated 111,925 shares or 0% of the stock. The Connecticut-based Cubist Systematic Strategies Ltd has invested 0.02% in AMC Entertainment Holdings, Inc. (NYSE:AMC). Lapides Asset Mgmt Ltd Limited Liability Company has invested 2.58% of its portfolio in AMC Entertainment Holdings, Inc. (NYSE:AMC). 527,223 are held by Schwab Charles Investment Mgmt Inc. Vanguard Group Inc has invested 0% in AMC Entertainment Holdings, Inc. (NYSE:AMC). Millennium Mgmt Lc, a New York-based fund reported 260,017 shares. State Street Corp has invested 0% in AMC Entertainment Holdings, Inc. (NYSE:AMC). 225,521 were reported by Gotham Asset Management Lc. 1.05M were accumulated by Renaissance Technologies Limited Liability. Royal Bancshares Of Canada stated it has 21,114 shares or 0% of all its holdings. Morgan Stanley holds 0% or 626,017 shares. Moreover, Hsbc Hldg Public Limited Com has 0% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC). Dimensional Fund Advsrs LP owns 1.88M shares. Lpl Fin Ltd Llc has invested 0% in AMC Entertainment Holdings, Inc. (NYSE:AMC).

Among 18 analysts covering AMC Entertainment (NYSE:AMC), 11 have Buy rating, 1 Sell and 6 Hold. Therefore 61% are positive. AMC Entertainment had 74 analyst reports since July 22, 2015 according to SRatingsIntel. M Partners upgraded the shares of AMC in report on Wednesday, July 22 to “Buy” rating. On Thursday, April 26 the stock rating was maintained by FBR Capital with “Buy”. The rating was upgraded by Wedbush on Thursday, June 21 to “Buy”. The stock of AMC Entertainment Holdings, Inc. (NYSE:AMC) earned “Buy” rating by Wedbush on Wednesday, May 2. The firm has “Neutral” rating by B. Riley & Co given on Wednesday, March 30. The firm has “Outperform” rating by Credit Suisse given on Tuesday, March 15. The rating was maintained by FBR Capital with “Outperform” on Tuesday, May 9. The rating was initiated by Loop Capital on Wednesday, August 24 with “Buy”. M Partners downgraded AMC Entertainment Holdings, Inc. (NYSE:AMC) rating on Friday, September 14. M Partners has “Neutral” rating and $21 target. On Tuesday, November 7 the stock rating was maintained by Wedbush with “Buy”.

AMC Entertainment Holdings, Inc. (NYSE:AMC) Ratings Chart

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Alibaba-backed AI startup Megvii said to be weighing IPO this year

The Beijing-based firm, backed by Alibaba Group Holding Ltd, joins rival … CCB International Holdings Ltd, Qiming Venture Partners and Sinovation …

Hong Kong

MEGVII, the owner of facial recognition developer Face++, is considering an initial public offering in Hong Kong that could net as much as US$1 billion, people familiar with the matter said.

Megvii is weighing an IPO to raise between US$500 million and US$1 billion with Hong Kong as a destination, the people said, requesting not to be named because the matter is private. Deliberations are at an early stage and no final decision has been made as the details of the plans could still change, the people said.

The Beijing-based firm, backed by Alibaba Group Holding Ltd, joins rival artificial intelligence outfits raising funds to help fulfil the country’s ambition of leading the field by 2030.

sentifi.com

Market voices on:

Megvii is competing with the world’s largest AI startup SenseTime Group Ltd – also backed by Alibaba – as the two provide facial recognition technology to financial, retail, mobile and government clients. SenseTime itself is said to be in discussions to raise about US$2 billion.

“We have no specific IPO plans,” Xie Yinan, a spokesman for Megvii, said in a statement.

Megvii provides face-scanning systems to companies including Lenovo Group Ltd and Ant Financial, the payments company that underpins Alibaba’s e-commerce platforms.

Beyond commerce, facial recognition technology has attracted interest from government authorities who want to be able to detect crimes and threats to social stability before they take place.

Megvii’s software uses facial scans held in a Ministry of Public Security database drawn from identification files on about 1.4 billion Chinese.

The startup’s investors include Boyu Capital, Ant Financial, SK Group, and the Russia-China Investment Fund, a venture backed by sovereign wealth funds of the two nations. Other backers include Foxconn Technology Group, CCB International Holdings Ltd, Qiming Venture Partners and Sinovation Ventures.

It was said to be raising a US$500 million round in December at a valuation of up to US$4 billion, people familiar with the matter said at the time.

Ant Financial is formally known as Zhejiang Ant Small & Micro Financial Services Group. BLOOMBERG

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Investment Management Of Virginia Has Raised Its Amc Entertainment Holdings In (AMC) Holding …

Investment Management Of Virginia Llc increased Amc Entertainment …. “As AMC Stomps MoviePass, How Will Regal Entertainment Respond?

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Investment Management Of Virginia Llc increased Amc Entertainment Holdings In (AMC) stake by 42.19% reported in 2018Q2 SEC filing. Investment Management Of Virginia Llc acquired 21,367 shares as Amc Entertainment Holdings In (AMC)’s stock rose 29.77%. The Investment Management Of Virginia Llc holds 72,012 shares with $1.15 million value, up from 50,645 last quarter. Amc Entertainment Holdings In now has $1.42B valuation. The stock decreased 1.29% or $0.18 during the last trading session, reaching $13.76. About 304,764 shares traded. AMC Entertainment Holdings, Inc. (NYSE:AMC) has risen 41.20% since November 23, 2017 and is uptrending. It has outperformed by 25.58% the S&P500. Some Historical AMC News: 07/05/2018 – AMC Entertainment 1Q Admissions Revenue $875M; 22/05/2018 – Lot18 & AMC Launch Sales for New Female-Inspired “The Walking Dead” Wine Collection; 20/04/2018 – DJ AMC Entertainment Holdings Inc Cl, Inst Holders, 1Q 2018 (AMC); 25/04/2018 – GKIDS and Fathom Events Team Up to Bring Five New Animated Titles to U.S. Cinemas in 2018; 24/05/2018 – AMC Theatres CEO says company is “roaring hot,” with more cinemas and blockbuster hits to come; 19/03/2018 – AMC Entertainment Holdings, Inc. Board Elects Wanda Film Group President John Zeng as AMC Board of Directors Chairman Reflectin; 05/04/2018 – MoviePass works at all AMC theaters again after some were removed in January – and subscribers are thrilled; 08/03/2018 – Malachite Management Achieves AMC Institute Accreditation; 06/03/2018 – DEADLINE ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against AMC Entertainment Holdings, Inc. (AMC) & Lead Plaintiff Deadline: March 13, 2018; 21/05/2018 – Get in the Ring With Wrestling Documentary ‘350 Days’ Starring Pro Legends Bret Hart and ‘Superstar’ Billy Graham in U.S. Cinemas July 12 Only

Bankunited Inc (NYSE:BKU) had an increase of 8.49% in short interest. BKU’s SI was 3.03M shares in November as released by FINRA. Its up 8.49% from 2.79M shares previously. With 1.05 million avg volume, 3 days are for Bankunited Inc (NYSE:BKU)’s short sellers to cover BKU’s short positions. The SI to Bankunited Inc’s float is 2.9%. The stock increased 1.52% or $0.5 during the last trading session, reaching $33.46. About 146,149 shares traded. BankUnited, Inc. (NYSE:BKU) has risen 15.65% since November 23, 2017 and is uptrending. It has outperformed by 0.03% the S&P500. Some Historical BKU News: 25/04/2018 – BankUnited 1Q Net Interest Income Increased by $17.2M to $247.8M; 25/04/2018 – BANKUNITED INC – NET INTEREST INCOME INCREASED BY $17.2 MLN TO $247.8 MLN FOR QUARTER ENDED MARCH 31, 2018 FROM MARCH 31, 2017; 25/04/2018 – BankUnited 1Q Net $85.2M; 25/04/2018 – BankUnited 1Q EPS 77c; 25/04/2018 – BANKUNITED 1Q EPS 77C, EST. 72C; 14/05/2018 – Epoch Investment Partners, Inc. Exits Position in BankUnited; 20/04/2018 – DJ BankUnited Inc, Inst Holders, 1Q 2018 (BKU); 23/03/2018 BankUnited, Inc. Announces Quarterly Dividend

Among 5 analysts covering AMC Entertainment (NYSE:AMC), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. AMC Entertainment had 5 analyst reports since June 19, 2018 according to SRatingsIntel. On Thursday, June 21 the stock rating was upgraded by Benchmark to “Buy”. The stock of AMC Entertainment Holdings, Inc. (NYSE:AMC) has “Buy” rating given on Tuesday, June 19 by FBR Capital. Wedbush upgraded the shares of AMC in report on Thursday, June 21 to “Buy” rating. The company was downgraded on Friday, September 14 by M Partners.

Investors sentiment increased to 1.02 in 2018 Q2. Its up 0.21, from 0.81 in 2018Q1. It increased, as 21 investors sold AMC shares while 45 reduced holdings. 30 funds opened positions while 37 raised stakes. 46.52 million shares or 2.62% less from 47.77 million shares in 2018Q1 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in AMC Entertainment Holdings, Inc. (NYSE:AMC). Millennium Mngmt Lc holds 0.02% in AMC Entertainment Holdings, Inc. (NYSE:AMC) or 791,950 shares. Wellington Group Ltd Liability Partnership holds 67,092 shares or 0% of its portfolio. Manufacturers Life Ins Com The owns 40,355 shares. Fmr Ltd Co has 0% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 131,769 shares. Pinnacle Limited holds 91,166 shares or 0.03% of its portfolio. Pub Employees Retirement Sys Of Ohio owns 120,137 shares for 0.01% of their portfolio. 14,673 were reported by Old Natl Savings Bank In. Bank Of Montreal Can has 9,006 shares. Moreover, Axa has 0% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC) for 24,200 shares. National Bank Of America De reported 157,425 shares. Northern Trust accumulated 0% or 625,166 shares. Suntrust Banks Inc has 0.01% invested in AMC Entertainment Holdings, Inc. (NYSE:AMC). Cim Inv Mangement holds 0.11% in AMC Entertainment Holdings, Inc. (NYSE:AMC) or 20,839 shares. Kings Point Capital Mngmt reported 0% stake.

Investment Management Of Virginia Llc decreased Hudson Technologies Inc. (NASDAQ:HDSN) stake by 233,016 shares to 225,973 valued at $454,000 in 2018Q2. It also reduced Luminex Corp. (NASDAQ:LMNX) stake by 57,600 shares and now owns 925,150 shares. Mosaic Co. (NYSE:MOS) was reduced too.

More notable recent AMC Entertainment Holdings, Inc. (NYSE:AMC) news were published by: Seekingalpha.com which released: “BAML still cautious on AMC Entertainment” on November 12, 2018, also Fool.com with their article: “Is AMC Entertainment a Buy After Its Recent Sell-Off?” published on November 15, 2018, Fool.com published: “Will AMC’s Run Continue When It Reports Earnings?” on November 07, 2018. More interesting news about AMC Entertainment Holdings, Inc. (NYSE:AMC) were released by: Fool.com and their article: “As AMC Stomps MoviePass, How Will Regal Entertainment Respond?” published on November 18, 2018 as well as Bizjournals.com‘s news article titled: “Charlotte theater adds enhanced Dolby Cinema experience” with publication date: November 20, 2018.

Among 3 analysts covering BankUnited (NYSE:BKU), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. BankUnited had 5 analyst reports since July 31, 2018 according to SRatingsIntel. On Tuesday, September 18 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. On Tuesday, July 31 the stock rating was maintained by Morgan Stanley with “Overweight”. BMO Capital Markets maintained it with “Outperform” rating and $40 target in Monday, November 5 report. The stock of BankUnited, Inc. (NYSE:BKU) has “Overweight” rating given on Wednesday, October 3 by Barclays Capital. The company was maintained on Thursday, October 25 by BMO Capital Markets.

BankUnited, Inc. operates as the bank holding firm for BankUnited, National Association that provides a range of banking services to small and medium sized businesses, and individual and corporate clients in the United States. The company has market cap of $3.45 billion. The firm offers deposit products, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit. It has a 5.31 P/E ratio. The Company’s loans portfolio includes small business loans, commercial real estate loans, equipment loans and leases, term loans, formula loans, municipal and non-profit loans and leases, commercial and mortgage warehouse lines of credit, letters of credit, and consumer loans, as well as residential loans.

AMC Entertainment Holdings, Inc. (NYSE:AMC) Ratings Chart

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