HK Stock Movement | YH ENT (02306) Drops Over 6%, Down More Than 30% from June High as Wang Yibo's Contract Renewal Draws Attention

Stock News11-07

YH ENT (02306) fell more than 6%, with its current share price down over 30% from its peak in June this year. At the time of writing, the stock dropped 6.03% to HKD 2.18, with a turnover of HKD 3.84 million.

Market sentiment was affected as topics such as "Wang Yibo Not Renewing Contract with YH ENT" and "YH ENT Plunges" trended on Weibo on November 6. According to reports, YH ENT's investor relations department stated in response to media inquiries: "His (Wang Yibo) contract with the company is originally set to expire next year. Please wait for our official announcement then."

It is reported that in 2024, YH ENT's total revenue reached RMB 765 million, of which Wang Yibo contributed RMB 459 million, accounting for over 60%. Wang Yibo's contract with YH ENT is set to expire in October 2026, and any changes in their partnership are being closely watched.

In the first half of this year, YH ENT reported revenue of RMB 414 million, a year-on-year increase of 19.28%, while net profit attributable to shareholders rose 88.66% to RMB 58.1 million. According to its financial report, apart from artist management and music IP production and operations, YH ENT continued to develop its IP operations business, generating revenue of RMB 20.6 million in H1, up 128% YoY.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1161044160?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-07 15:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1161044160","market":"sg","top_or_hot":-1,"title":"HK Stock Movement | YH ENT (02306) Drops Over 6%, Down More Than 30% from June High as Wang Yibo's Contract Renewal Draws Attention","media":"Stock News","content":"<p>YH ENT (02306) fell more than 6%, with its current share price down over 30% from its peak in June this year. At the time of writing, the stock dropped 6.03% to HKD 2.18, with a turnover of HKD 3.84 million.</p>\n<p>Market sentiment was affected as topics such as \"Wang Yibo Not Renewing Contract with YH ENT\" and \"YH ENT Plunges\" trended on Weibo on November 6. According to reports, YH ENT's investor relations department stated in response to media inquiries: \"His (Wang Yibo) contract with the company is originally set to expire next year. Please wait for our official announcement then.\"</p>\n<p>It is reported that in 2024, YH ENT's total revenue reached RMB 765 million, of which Wang Yibo contributed RMB 459 million, accounting for over 60%. Wang Yibo's contract with YH ENT is set to expire in October 2026, and any changes in their partnership are being closely watched.</p>\n<p>In the first half of this year, YH ENT reported revenue of RMB 414 million, a year-on-year increase of 19.28%, while net profit attributable to shareholders rose 88.66% to RMB 58.1 million. According to its financial report, apart from artist management and music IP production and operations, YH ENT continued to develop its IP operations business, generating revenue of RMB 20.6 million in H1, up 128% YoY.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HK Stock Movement | YH ENT (02306) Drops Over 6%, Down More Than 30% from June High as Wang Yibo's Contract Renewal Draws Attention</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHK Stock Movement | YH ENT (02306) Drops Over 6%, Down More Than 30% from June High as Wang Yibo's Contract Renewal Draws Attention\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-11-07 15:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>YH ENT (02306) fell more than 6%, with its current share price down over 30% from its peak in June this year. At the time of writing, the stock dropped 6.03% to HKD 2.18, with a turnover of HKD 3.84 million.</p>\n<p>Market sentiment was affected as topics such as \"Wang Yibo Not Renewing Contract with YH ENT\" and \"YH ENT Plunges\" trended on Weibo on November 6. According to reports, YH ENT's investor relations department stated in response to media inquiries: \"His (Wang Yibo) contract with the company is originally set to expire next year. Please wait for our official announcement then.\"</p>\n<p>It is reported that in 2024, YH ENT's total revenue reached RMB 765 million, of which Wang Yibo contributed RMB 459 million, accounting for over 60%. Wang Yibo's contract with YH ENT is set to expire in October 2026, and any changes in their partnership are being closely watched.</p>\n<p>In the first half of this year, YH ENT reported revenue of RMB 414 million, a year-on-year increase of 19.28%, while net profit attributable to shareholders rose 88.66% to RMB 58.1 million. According to its financial report, apart from artist management and music IP production and operations, YH ENT continued to develop its IP operations business, generating revenue of RMB 20.6 million in H1, up 128% YoY.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1128","symbol_name":"电影和娱乐","start_time":0,"source_url":"","article_id":"1161044160","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161044160","pubTimestamp":1762501220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"YH ENT (02306) fell more than 6%, with its current share price down over 30% from its peak in June this year. At the time of writing, the stock dropped 6.03% to HKD 2.18, with a turnover of HKD 3.84...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1128":"电影和娱乐","02306":"乐华娱乐"},"translate_title":"港股动向|YH ENT(02306)跌超6%较6月高位跌超30%王一博续约引关注","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02306":1},"content_text":"YH ENT (02306) fell more than 6%, with its current share price down over 30% from its peak in June this year. At the time of writing, the stock dropped 6.03% to HKD 2.18, with a turnover of HKD 3.84 million.\nMarket sentiment was affected as topics such as \"Wang Yibo Not Renewing Contract with YH ENT\" and \"YH ENT Plunges\" trended on Weibo on November 6. According to reports, YH ENT's investor relations department stated in response to media inquiries: \"His (Wang Yibo) contract with the company is originally set to expire next year. Please wait for our official announcement then.\"\nIt is reported that in 2024, YH ENT's total revenue reached RMB 765 million, of which Wang Yibo contributed RMB 459 million, accounting for over 60%. Wang Yibo's contract with YH ENT is set to expire in October 2026, and any changes in their partnership are being closely watched.\nIn the first half of this year, YH ENT reported revenue of RMB 414 million, a year-on-year increase of 19.28%, while net profit attributable to shareholders rose 88.66% to RMB 58.1 million. According to its financial report, apart from artist management and music IP production and operations, YH ENT continued to develop its IP operations business, generating revenue of RMB 20.6 million in H1, up 128% YoY.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1161044160","isCrawlerRequest":true}