HK Stock Market Move | MAOYAN ENT(01896) up more than 5% with a rich upcoming film lineup, institutions are optimistic about the company's full year box office performance.

MAOYAN ENT (01896) rose more than 5%, by the time of the report, it had risen by 5.21% to HK$7.27, with a trading volume of HK$1.39 billion. On the news front, the 2025 National Film (Xiamen) Expo and the 27th National Film Promotion Conference will be held in Xiamen from May 20 to 23, 2025. Maoyan Movies will present films including "Time's Son", "Jiangyuan Lane: The Hanging Case", and "Litchi in Chang'an". Galaxy Securities recently indicated that although the box office for the May Day holiday was relatively flat, considering the trend of high-quality films being released during peak seasons and the approaching summer season, coupled with the low base of last year's summer season, the summer box office is expected to see significant year-on-year improvement, and they are optimistic about the overall box office for 2025.