Maoyan Entertainment (01896) is now up more than 4%, as of press time, up 4.55%, at HK$8.74, with a turnover of HK$19.7757 million.

China Securities Co., Ltd. pointed out that in the summer of 2023, among the 23 films with box office of over 100 million, the company's main films include "Fengshen 1", "Cage in the Eight Corners", "Learn Dad" and other 3 films, and there are 3 films jointly distributed. Looking forward to the 2024 summer, the company's main films include "Lai Fu HK&S Hotels" during the Dragon Boat Festival, and "Claw Machine", "Decryption", "Sauce Garden Lane", and "Safe Entry and Exit" are expected to be released during the summer.

The Bank also stated that Maoyan Entertainment, as a ticketing leader, is expected to benefit from the performance of the offline entertainment industry in the summer. As the domestic movie ticketing leader, online ticketing business is an important performance basis for the company. In addition, with the coming of summer, offline performances such as concerts are also expected to provide incremental revenue for the offline entertainment sector.