HK Stock Market Move | DAMAI ENT(01060) rises over 7% again. The company has become the official ticketing channel for the SupeLeague, expanding its ticketing coverage area.

DAMAI ENT (01060) rose by more than 7%, as of the time of publication, it rose by 4.72% to HK$1.11, with a trading volume of HK$478 million. On the news front, according to the official public account of the Jiangsu Urban Football League on June 26, the official ticketing channel for the match between Nanjing and Suzhou teams on July 5 is the Damai APP. China Securities Co., Ltd. pointed out that becoming the official ticketing channel for the Supe League Nanjing Suzhou Station signifies Damai's entry into the regional sports event ticketing market, expanding its popularity among male users and complementing the predominantly female music event market. Optimistic about Damai's expansion of ticketing coverage, strengthening the user mindset of "buy tickets on Damai", and enhancing long-term growth space. Music events remain in high demand, while the platform is expected to continue boosting market share in local performances, cultural tourism events, and sports events. In addition, the company has decided to shut down its wholly-owned toy brand Jinlinaq. China Securities Co., Ltd. stated that the adjustment of the Jinlinaq brand will not affect the company's consumer-end derivative business development. Looking at the recent situation of Aliyu, the increase in IP authorization and marketing activities for Three Liou, Chikawa, and other IP is expected to contribute to performance growth. Aliyu's full-chain IP operation capability is expected to lay the foundation for the company to sign more high-quality IPs in the future.