HK Stock Market Move | MAOYAN ENT (01896) continues to rise by over 4%, "Kung Fu Women's Soccer" is about to be released, with pre-sale box office exceeding 40 million.

MAOYAN ENT (01896) has risen by over 4%, as of the time of writing, it is up 2.79% to HK$5.53, with a trading volume of HK$78.0535 million. In terms of news, as of 10:01 on July 9th, the presale box office of the movie "Kung Fu Soccer" directed by Stephen Chow has exceeded 40 million yuan. The movie is scheduled to be released on July 11th. According to a Citigroup report, based on official information, MAOYAN ENT is the main distributor of the movie and also one of the production companies. The release date is positive news for MAOYAN ENT. It is worth noting that as one of the first batch of developers to test the WeChat AI ecosystem, Maoyan's mini-program has been connected first, utilizing WeChat's AI Agent capabilities to provide users with movie recommendations, nearby theater selections, intelligent seat selection, one-click payment, and other services, creating an intelligent one-stop ticket purchasing experience. In the future, MAOYAN ENT and Tencent will work together to explore the intelligent upgrade of the entertainment industry and continue to expand more innovative landing scenarios.