Maoyan Ent (01896) rose nearly 3%, as of press time, up 2.94%, at HKD 8.37, with a turnover of HKD 33.8728 million.
According to the Zhitongcaijing APP, Maoyan Ent (01896) rose nearly 3%, as of press time, up 2.94%, at HKD 8.37, with a turnover of HKD 33.8728 million.
According to a research report issued by Deutsche Bank, it is expected that Maoyan Ent's stock price will outperform the industry in the next 15 days, with a probability ranging from 60% to 70%, with a target price of 11.6 yuan and a rating of "shareholding".
The bank pointed out that due to the previous box office weakness, coupled with the dim prospects for the summer box office, Maoyan Ent's recent stock price has fallen. However, with the blockbuster movie "Assassin in Red" causing heated discussions last weekend, it is expected that the market will improve. As of July 14, the preview and pre-sale box office of "Assassin in Red" was RMB 0.37 billion. Therefore, the bank raised the box office expectations of "Assassin in Red" from the previous RMB 2 billion to more than RMB 3 billion, and believes that there is upside risk in the box office expectations for the summer season. The bank believes that Maoyan Ent will benefit from the blockbuster movies and the better-than-expected movie market.