I think there are several factors causing Camsing's share price rise.
A lot of the merger news was done by Chinese news outlets. They pushed the idea that POW! has (over?) 270 IPs and 1000 characters. Camsing mentioned they want to become like Marvel (Disney bought Marvel for $4.2 billion US).
There was also Focus Media buying Ricco Media Holdings (owned 75% of Stan Lee Global (30 (POW!?) IPs) for $100 million HK (about $13 million US).
Valuing POW!'s 270 IPs based, strictly on the Focus Media deal, assuming all 30 IPs were POW!'s (which is likely since POW! owns the other 25% of Stan Lee Global), The IP would be worth around $156 million US ($1.2 billion HK), maybe minus the Focus Media IP. maybe). That doesn't include POW!'s other assets, Stan's name and likeness, which could be worth a few million.
There is also the likelihood that Camsing is better equipped to profitize (is that a word?) POW!'s IP, than POW!.
Stan has also done, at least one interview saying that "The Annihilator" is filming. If, it were, Camsing would see more immediate monetary benefits than starting from scratch.
end of part 1 of 2
