HK Stock Market Move | Film and television stocks strong in early trading, MAOYAN ENT (01896) surged by over 19% and ALI PICTURES (01060) rose by over 12%.

In the early trading session, the film and television stocks were strong. As of the time of writing, MAOYAN ENT (01896) rose by 19.31% to HK$9.7; ALI PICTURES (01060) rose by 12.5% to HK$0.54; STAR CM (06698) rose by 6.71% to HK$3.66. On the news front, according to the Lighthouse Professional Edition global box office chart, as of February 12, the movie "Nezha" had a total box office (including pre-sales) exceeding $1.266 billion, surpassing "Iron Man 3" and "Beauty and the Beast," entering the top 24 in the global box office history. It is about to surpass "Frozen." Minsheng Securities pointed out that the film industry's high-quality supply determines demand, with the Spring Festival box office reaching a new high and the "Nezha" effect sparking a wave of movie-going, validating strong demand. The firm is optimistic about the continued recovery of the film industry in 2025. Tianfeng believes that overall, the performance of the 2025 Spring Festival box office was outstanding, with strong top films driving record box office and attendance, demonstrating the strong resilience and potential of the China Film Co., Ltd. market.