TVB (00511.HK) saw a 5% increase in its stock price after signing another collaboration agreement with Youku, an online video platform under Alibaba. The agreement involves the joint production of three drama series, including The Queen of News 2. This collaboration expands on their existing partnership, and shooting for The Queen of News 2 is expected to begin early next year. TVB's stock price reached a day high of $3.38, with 948,600 shares traded, totaling $3.1152 million in the afternoon on March 11th [056097f6].