HK Stock Market Move | STARPLUS LEGEND (06683) has dropped by more than 5% now. Management noted that dividends are not being considered during the high-growth period and fundraising through rights issue is not ruled out when necessary.

STARPLUS LEGEND (06683) is currently down by over 5%, dropping by 5.39% to HK$9.66 as of the time of writing, with a trading volume of HK$62.4215 million. In terms of news, STARPLUS LEGEND's Executive Director and Chief Financial Officer Lai Guohui mentioned in a recent interview with the media that the company is undergoing a strategic upgrade for the whole year. The core focus will still be on the official second-dimensional IP image "Zhou Tongxue" of Jay Chou, but in the second half of the year, in addition to launching character IPs, the company will also develop more original IPs. Regarding the cooperation between STARPLUS LEGEND and Yu Shu's giant star dog, it is expected that the AI robotic dog will be available for pre-sale in the fourth quarter of this year, with mass production expected to begin early next year. In terms of operations, Lai Guohui stated that the next one to two years will be the company's fastest period of growth, and dividend payout is not currently being considered. He expects the growth of the company's IP business to be rapid in the future, and believes that the IP business revenue in the second half of this year will exceed that of the first half. He mentioned that the company does not rule out the possibility of issuing new shares for fundraising when necessary, but emphasized that issuing bonds is not a priority in the short term.