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Morgan Stanley: It is expected that this year's Spring Festival box office in China will likely set a new historical high.
Morgan Stanley predicts that the box office for the Spring Festival period will be 8.8 billion yuan, a year-on-year increase of 9%.
Hong Kong stock Concept tracking | High-quality films will increase supply, and the movie market is expected to continue to warm up in 2025 (including Concept stocks).
Morgan Stanley: The box office for the Chinese New Year period in 2025 is expected to set a new historical record.
[Brokerage Focus] Tianfeng maintains a "Buy" rating on MAOYAN ENT (01896), expecting that the online movie ticketing business may face short-term pressure due to Large Cap influences.
Jinwu Finance News | Tianfeng issued a Research Report indicating that MAOYAN ENT (01896) released "2024 China Film Market Data Insights." In 2024, China's total box office revenue is expected to reach 42.502 billion, a year-on-year decline of 23%. The overall market supply has not yet recovered to pre-pandemic levels. In 2024, the bank expects the company's online entertainment ticketing business to generate revenue of 1.94 billion yuan, a year-on-year decline of 14.2%, with a drop less than the Large Cap, mainly due to the contribution of performance elasticity from offline performance business. The bank believes that the online movie ticketing business may face short-term pressure due to the impact of the Large Cap, while the supply and demand in the offline performance market are strong, and activity levels are increasing.
Hong Kong stocks are fluctuating | Movie Concept stocks continue to rebound as the pre-sales for films during the Spring Festival period explode, with a rich lineup expected to drive box office revenue to a new high for the same period.
Movie concept stocks continue to rebound. As of the time of writing, MAOYAN ENT (01896) is up 4.93%, trading at 8.09 Hong Kong dollars; ALI PICTURES (01060) is up 3.85%, trading at 0.54 Hong Kong dollars; EMPEROR CULTURE (00491) is up 2.63%, trading at 0.039 Hong Kong dollars; STRAWBEAR ENT (02125) is up 1.89%, trading at 0.54 Hong Kong dollars.
What Does Maoyan Entertainment's (HKG:1896) Share Price Indicate?
Hong Kong stock Concept tracking | Multiple films will be released during the Spring Festival, Institutions are paying short-term attention to the performance of the 2025 Spring Festival档 (including Concept stocks)
If the box office during the Spring Festival reaches or exceeds expectations, it is expected to drive the performance recovery and valuation rebound of the film and television Sector.
Should Weakness in Maoyan Entertainment's (HKG:1896) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
