TGE's Film "Scare Out" Exceeds US$120 Million at the Box Office in just 7 Days

Rhea-AI Summary

TGE (NYSE: TGE), a subsidiary of AMTD Digital (NYSE: HKD), saw its co-produced film Scare Out exceed US$120 million at the box office within seven days (Feb 2026), and achieved roughly 10.35 billion social media views across major platforms.

TGE plans additional releases in H2 2026 and 2027, and is expanding global media reach through L'OFFICIEL partnerships and awards‑coverage initiatives.

Positive

• Box office: US$120 million+ in first seven days
• Social reach: ~10.35 billion cumulative views across platforms
• Pipeline: Multiple TGE lead productions scheduled for H2 2026–2027

Negative

• None.

News Market Reaction – HKD

+1.81%

1 alert

+1.81% News Effect

+$9M Valuation Impact

$509M Market Cap

0.2x Rel. Volume

On the day this news was published, HKD gained 1.81%, reflecting a mild positive market reaction. This price movement added approximately $9M to the company's valuation, bringing the market cap to $509M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Box office inflows: over US$120 million Time to milestone: 7 days Total promo views: approximately 10.35 billion +5 more

8 metrics

Box office inflows over US$120 million First seven days of "Scare Out" release

Time to milestone 7 days Period for "Scare Out" to exceed US$120M box office

Total promo views approximately 10.35 billion Promotional content views across major platforms

Daily view increase over 550 million Daily increase in promotional content views

Douyin hashtag views 5.32 billion "Scare Out" hashtag performance on Douyin

Award edition 44th Hong Kong Film Awards where L'OFFICIEL is a strategic media partner

Future release window second half of 2026 Scheduled release period for "Raging Havoc"

Future release year 2027 Scheduled release timing for TGE-produced films

Market Reality Check

Price: $1.75 Vol: Volume 326,751 is slightl...

normal vol

$1.75 Last Close

Volume Volume 326,751 is slightly below 20-day average 345,703 (relative volume 0.95x) ahead of this upbeat film update. normal

Technical Shares at $1.66 are trading modestly below the 200-day MA of $1.71, and about 69.65% under the 52-week high of $5.47.

Peers on Argus

HKD gained 0.61% while peers were mixed: APPS +3.44%, DJCO +2.54%, DSP +3.71%, R...

HKD gained 0.61% while peers were mixed: APPS +3.44%, DJCO +2.54%, DSP +3.71%, RBBN +2.46%, ALTS -4.32%. With no peers in the momentum scanner, today’s move appears stock-specific.

Common Catalyst Some peers reported routine corporate updates and conference participation, but nothing directly tied to HKD’s film-related catalyst.

Historical Context

5 past events · Latest: 2026-02-17 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
2026-02-17	Film pre-sales update	Positive	+1.9%	Pre-sales for "Scare Out" surpassed US$14.5M and strong social media traction.
2026-02-06	Film launch announcement	Positive	-4.6%	Announcement of "Scare Out" Lunar New Year release with high promotional reach.
2025-12-26	Hotel acquisition SPA	Positive	-2.2%	SPA signed to acquire Hilton Garden Inn New York City Tribeca via TGE.
2025-12-19	Media campaign launch	Positive	+0.7%	Global L’OFFICIEL HOMMES project featuring Jay Chou across seven regions.
2025-12-19	SPAC IPO pricing	Positive	+0.7%	TGE-sponsored SPAC priced 15M units IPO focused on media and entertainment.

Pattern Detected

Film and media announcements have produced mixed reactions, with three positive and two negative price responses, indicating inconsistent trading follow-through on upbeat news.

Recent Company History

Over recent months HKD-related news has focused on TGE’s media, film, and asset expansion. On 2026-02-06 and 2026-02-17, TGE highlighted the launch and strong pre-sales of "Scare Out", with one positive and one negative price reaction. Late 2025 news covered a New York Tribeca hotel SPA, a Jay Chou L’OFFICIEL project, and successful pricing of TGE’s first SPAC listing. Today’s box office milestone extends this trajectory of building a diversified media, entertainment, and hospitality platform under AMTD Digital.

Market Pulse Summary

This announcement highlights strong early performance for TGE’s film "Scare Out," which generated ov...

Analysis

This announcement highlights strong early performance for TGE’s film "Scare Out," which generated over US$120 million in box office in 7 days and around 10.35 billion promotional views, including 5.32 billion on Douyin. It fits a broader strategy of building a global media and entertainment IP platform, with additional films slated for late 2026 and 2027. Investors may track whether such media traction evolves into sustained revenue contribution alongside TGE’s hospitality and capital-markets initiatives.

AI-generated analysis. Not financial advice.

PARIS, NEW YORK and LONDON, Feb. 23, 2026 /PRNewswire/ -- AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) and The Generation Essentials Group ("TGE", NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., jointly announce that "Scare Out" (the "Movie"), the first ever national‑security film co‑produced by TGE, captured a significant share of the box office during the Chinese New Year window. Featuring an all‑star cast including Jackson Yee, Yilong Zhu, Jia Song, Jiayin Lei, Mi Yang, Yi Zhang, Cecilia Liu, and Yaowen Liu, the Movie achieved box office inflows of over US$120 million within just its first seven days of release.

The Movie has also generated substantial traction on social media. Across major platforms, promotional content related to the Movie has attracted approximately 10.35 billion views, with daily increases of over 550 million views. On Douyin alone, the Movie's hashtag has reached 5.32 billion views.

"Scare Out" represents a major success for TGE's movie segment. Looking ahead to the second half of 2026 and into 2027, TGE‑produced films such as "Raging Havoc" and "Dog Day Evening" are scheduled for release. Both projects feature strong casts: "Raging Havoc" stars Andy Lau, Nicholas Tse, and Ci Sha, while "Dog Day Evening" features Michael Ning, Fish Liew, and Rachel Leung. TGE serves as a lead production company on both titles, with Dr. Calvin Choi, founder of AMTD IDEA, AMTD Digital, and TGE, acting as a Producer.

These upcoming releases are expected to further strengthen TGE's movie portfolio and provide a solid foundation for future growth on a global basis.

TGE's movie segment also continues to benefit from cross-segment synergies within the group. L'OFFICIEL, under TGE, has become a strategic media partner of the 44th Hong Kong Film Awards, and, with the continuous growth and strong developments of the L'OFFICIEL Movies business segment, is emerging as an important player in Hong Kong's film media landscape. Internationally, L'OFFICIEL has conducted on-site coverage and interviews at major awards events such as the Golden Globe Awards and the British Academy Film Awards, and is expected to extend our presence at the Oscars this year. TGE will continue to strengthen and expand its global media outreaches and influential power, as a core part of its global media and entertainment IP businesses.

About AMTD Group

AMTD Group is a conglomerate with a core business portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop business services plus digital solutions platform addresses different clients' diverse and inter-connected business needs and digital requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com or follow us on X (formerly known as "Twitter") at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital's announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L'Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor"provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects,""anticipates," "aims," "future," "intends," "plans," "believes,""estimates," "likely to," and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com

For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media

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SOURCE AMTD Digital; AMTD IDEA Group; The Generation Essentials Group

FAQ

How much did Scare Out earn in its first seven days and what does that mean for TGE (HKD)?

Scare Out earned over US$120 million in its first seven days, a strong opening for TGE. According to TGE, this performance signals commercial momentum and broad audience engagement during the Chinese New Year window, supporting the studio's short‑term box office credibility.

What social media traction did Scare Out achieve and where were views concentrated for TGE (HKD)?

Scare Out drew approximately 10.35 billion views across major platforms, with Douyin at 5.32 billion views. According to TGE, daily increases exceeded 550 million views, indicating intense promotional virality and strong online visibility during launch week.

Which upcoming TGE films are scheduled for release in H2 2026 and 2027 and who are the lead actors?

TGE plans releases including Raging Havoc and Dog Day Evening in H2 2026–2027. According to TGE, Raging Havoc stars Andy Lau and Nicholas Tse; Dog Day Evening features Michael Ning and Fish Liew, both produced with TGE as lead production company.

How is TGE expanding its global media presence following Scare Out for HKD investors?

TGE is leveraging L'OFFICIEL partnerships and awards coverage to expand internationally. According to TGE, L'OFFICIEL is a strategic partner of the Hong Kong Film Awards and has covered Golden Globes and BAFTA, with plans to extend presence to the Oscars this year.

Does TGE expect Scare Out's performance to influence its movie segment's growth and strategy (HKD)?

TGE views Scare Out as a major success likely to strengthen its movie portfolio and global strategy. According to TGE, the film's box office and social traction will support future releases and cross‑segment media synergies within the group.