Market Chatter: Chinese Anime Merchandise Makers Note Market Growth

MT Newswires Live2024-11-29

Chinese anime merchandise manufacturers are seeing growth signs as demand for the items picks up, Yicai Global reported Thursday.

Wahlap Technology (SHE:301011) logged growth in its anime intellectual property derivatives, while Alpha Group (SHE:002292) said it is building its content for a young client base, the report said.

COL Group, an e-book company, plans to develop plush toys, collectible items, educational products, and anime badges, among other merchandise, the report said.

Shares in Alpha plunged 8% while Wahlap's shares fell 7% during Friday's morning trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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