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TVB to receive HK$700m funding from CMC and Young Lion as it expects HK$420m loss

Local broadcaster TVB will receive up to HK$700 million from CMC Inc.(華人文化) and Young Lion Holdings, after it estimated its interim net loss might be widen yearly to between HK$400m and HK$420m. ....

Hong Kong , Thomas Hui , Li Ruigang , Young Lion Holdings , Hong Kong Stock Exchange , Mainland Chinese , Mainland China , Profit Warning ,

$700m infusion on way as TVB stares at $420m loss

Himo Liu Television Broadcasts (0511) will obtain up to HK$700 million from CMC and Young Lion Holdings, after the city s major broadcaster . ....

Hong Kong , Li Ruigang , Young Lion Holdings , Young Lion , The Standard , Ection News , Op News , Entral Station ,