Goldman Sachs: First issued a "buy" rating on Da Mai Entertainment (01060.HK) with a target price of 1.38 Hong Kong dollars.

Wisdom Financial News App has learned that Goldman Sachs has released a research report stating that it has initiated coverage on Maoyan Entertainment (01060.HK) with a "buy" rating and a target price of 1.38 Hong Kong dollars. As China's largest live entertainment ticketing platform and the largest intellectual property (IP) licensing agent, the bank believes that the company, with its leading market share and strategic focus on live events and IP business, is well positioned in various verticals. This allows them to shift away from the more volatile movie production segment and effectively cater to the increasing demand from young people, thereby forming a more sustainable and flexible business model.