Citi wrote in its report that the biggest takeaway from ALI PICTURES (01060.HK) +0.080 (+11.268%) Short selling $55.62M; Ratio 6.975% 's FY2025 earnings call is the company's clear demonstration of disciplined film investment over the next 2-3 years. In FY2026, while maintaining overall staff stability, the company will proactively allocate human resources to Damai/ IP merchandising to achieve profit growth. The report noted that Damai under Alibaba Pictures showed robust growth in FY2025, reminding investors of the resilience of the offline entertainment market (previously thought by many to have peaked) and the company's solid market dominance. Related NewsHTSC Adds ALI PICTURES TP to HKD0.75; Rating Kept BuyDespite stronger-than-expected growth in FY2025, the broker assumed the potential of its IP merchandise has not been fully realized. "Chiikawa" and "Crayon Shin-chan" were projected to entail new contributions in FY2026. The target price on ALI PICTURES was raised from HKD0.75 to HKD0.92. The Buy/High Risk rating was reiterated. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-22 16:25.)