DAMAI ENT (01060) saw its stock price surge by 5.56% during intraday trading on Wednesday, outperforming the broader market. The rise aligns with a broader uptick in film concept stocks, driven by robust box office performance during the holiday season.
According to Lighthouse Professional data, the total box office for the 2025 holiday season (November 28 to December 31) has exceeded RMB 5 billion. The imported animated film "Zootopia 2" is nearing the RMB 4 billion mark, solidifying its position as the holiday season's top-grossing film and setting new records for imported films in China. Industry analysts note a pronounced winner-take-all trend in the film market, with the Matthew Effect being particularly evident this year.
Additionally, over 70 Chinese and foreign films are slated for release during the 2026 holiday season, spanning genres like history, suspense, and fantasy. China Merchants Securities highlights the strong box office performance and the promising pipeline of high-quality films as key factors driving investor interest in the film and cinema sector.
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