OTCM
PXSTF
Market cap4.99bUSD
May 29, Last price
1.00USD
Name
Phoenix Media Investment (Holdings) Ltd
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Profile
Phoenix Media Investment (Holdings) Limited, established in 1996 and headquartered in Tai Po, Hong Kong, functions as an investment holding company. Its core business involves providing satellite television broadcasting services, reaching audiences in both the People's Republic of China and globally. The company's diverse operations are organized into five principal divisions: Television Broadcasting, Internet Media, Outdoor Media, Real Estate, and a broad category of Other Activities. Within its Television Broadcasting segment, Phoenix Media is actively involved in airing television programming and commercials. This division also orchestrates promotional endeavors through its extensive network of channels, which includes Phoenix Chinese, Phoenix InfoNews, Phoenix Movies, Phoenix North America Chinese, Phoenix Chinese News and Entertainment, Phoenix Hong Kong, and additional offerings. The Internet Media arm delivers web portal functionalities and provides value-added telecommunication services. Its Outdoor Media division specializes in offering outdoor advertising solutions. Property development and real estate investment activities constitute the core functions of the Real Estate segment. The final segment, Other Activities, encompasses a wide array of services. These include the production of programs and associated ancillary support, merchandising, the publishing and distribution of magazines, and various other related offerings. Furthermore, this segment’s extensive portfolio extends to areas such as radio broadcasting, research and development initiatives, cultural enrichment projects, the creation of software and games, management of trademarks and properties, hotel operations, periodical publishing and distribution, technical and financial advisory services, aircraft chartering, exhibition organization, educational technology solutions, content production, real estate brokerage, mobile value-added services, capital market activities, and comprehensive management and associated services.
Valuation
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