TVB shares hit three-year high after starting live-streaming e-commerce business

Hong Kong broadcaster TVB's parent company, Television Broadcasts Limited, continues surging on Wednesday, jumping as much as over 97% to hit HK$14.36 at one point, marking a new high in more than three years.

The rally brought the stock's gains in the recent four trading days to more than 200% and increased its market value from HK$1.7 billion to HK$5.1 billion.

On March 1st, TVB announced that it reached partnership with Taobao . . .

 

 

SIGN IN  OR SUBSCRIBE TO GET FULL ACCESS.

 

We build ONE TIMELINE to help you keep up with China Markets!

FREE TRIAL & ONLY $4.9 FOR A MONTH!

Start for free

One-click cancel any time!