ALI PICTURES (01060.HK) +0.080 (+11.268%) Short selling $55.62M; Ratio 6.975% proposed to change the English name of the Company from “Alibaba Pictures Group Limited” to “Damai Entertainment Holdings Limited”, and to change the secondary name of the Company in Chinese from “阿里巴巴影業集團有限公司” to "大麥娛樂控股有限公司".The Board considered that the proposed change of Company name will further enhance its brand awareness and refresh its brand strategy in the entire entertainment ecosystem, especially the offline entertainment market, while also providing it with a more relevant and distinctive corporate image and identity. Related NewsALI PICTURES Annual NP RMB364M, Up 27.7% YoYAdditionally, the change will support the Group's future efforts in diversifying its operations.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.)