Hong Kong Stocks Movement | MAOYAN ENT (01896) Falls Over 2% Again as Reports Show Surge in Refund Rates for "Demon Slayer"

Stock News11-20

MAOYAN ENT (01896) dropped over 2% again, declining 2.18% to HKD 6.73 by the time of writing, with a turnover of HKD 33.5008 million. Reports indicate that the refund rate for the movie "Demon Slayer" shifted from a downward trend to an increase. From the 18th to the 21st, the film's refund rate rose from 3.2% to 7.6%. Additionally, its occupancy rate saw a significant drop, falling below 3% on November 18. According to MAOYAN's professional data, the film's total box office reached CNY 443 million by the time of writing, with a projected total of CNY 591 million. Citigroup noted that negative sentiment around MAOYAN ENT largely revolves around its high-profile release "Demon Slayer" on November 14. However, as the largest movie ticketing platform, MAOYAN still has potential upside catalysts, including upcoming films "Zootopia 2" and "Avatar 3."

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