Bingo’s Mermaid hit RMB 2.5 billions as a new record

Stephen Chow new movie “Mermaid” taking a hit worldwide especially in China.  As of today the movie break China’s record with RMB 2.5 billions and still growing for the following days to come.  We believe this time will significant contribute earning to Bingo group.  Besides, also will provide a good branding for Bingo for future productions.  The price of Bingo has increased from HKD 0.20 to a high of HKD 0.30 even though Hang Seng crashd from 32,000 to 18,000.  We have a temp target remained at HKD 0.40 to 0.50.  Long term target depends its plan in creative repeating income oriented business.