Mango Excellent Media announced on Thursday evening that Hangzhou Alibaba Venture Capital plans to transfer 93,647,857 shares, accounting for 5.01% of Mango's total shares.
Ayon sa ulat ng Securities Times noong Huwebes, sinabi ng mga awtoridad ng Tsino na ang hakbang na ito ay naglalayong wakasan ang "kaguluhan" ng mga online fan club.
Pihak berkuasa China mengatakan langkah itu bertujuan untuk mengakhiri "kekacauan" kelab peminat dalam talian, lapor Securities Times pada hari Khamis.
China's regulator on Tuesday proposed strict controls on so-called "idol cultivation programs", while focusing on the management of talent shows by monitoring the setting of voting procedures.
2020 marked a special year for women in the Chinese entertainment industry. With trending female talent shows, the discussion about representation and inclusion of diverse female figures is finally coming to light.
iQIYI‘s online show “Idol Producer” takes 100 out of 1908 trainees from 87 entertainment agencies all over Asia, and picks 9 winners by public votes to form a new boy group.