Film-Related Stocks Lead Declines as 2026 Lunar New Year Box Office Drops 40% Year-on-Year

Stock News11:30

Film concept stocks were among the top decliners in Hong Kong trading. As of the time of writing, MAOYAN ENT (01896) fell 6.86% to HK$6.38, HUANXI MEDIA (01003) dropped 5.26% to HK$0.27, and IMAX CHINA (01970) declined 2.95% to HK$8.23. The moves came as the total box office revenue for the 2026 Lunar New Year period concluded at 5.752 billion yuan, representing a year-on-year decrease of approximately 40%. The number of moviegoers fell 36.2% compared to the 2025 period, while the average ticket price saw a significant reduction of nearly 3 yuan from last year's 50.8 yuan. Huaxin Securities noted that aside from "Pegasus 3" and "Biaoren: Desert Storm," other films released during the 2026 Lunar New Year holiday failed to meet pre-release media expectations. The firm emphasized that content quality remains a critical factor in audience choice, suggesting the industry needs to focus on refining production quality, improving quality control, and raising industrial standards. Soochow Securities added that the 2026 Lunar New Year period featured more film screenings but faced lower box office revenue and attendance. By the fifth day of the Lunar New Year, cumulative box office earnings reached only 4.36 billion yuan, compared to an average of 6.1 billion yuan for the same period between 2021 and 2025. However, the lower box office performance does not necessarily indicate weakening consumer demand and may be more attributable to supply-side factors.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1178243305?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-24 11:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1178243305","market":"sg","top_or_hot":-1,"title":"Film-Related Stocks Lead Declines as 2026 Lunar New Year Box Office Drops 40% Year-on-Year","media":"Stock News","content":"<p>Film concept stocks were among the top decliners in Hong Kong trading. As of the time of writing, MAOYAN ENT (01896) fell 6.86% to HK$6.38, HUANXI MEDIA (01003) dropped 5.26% to HK$0.27, and IMAX CHINA (01970) declined 2.95% to HK$8.23. The moves came as the total box office revenue for the 2026 Lunar New Year period concluded at 5.752 billion yuan, representing a year-on-year decrease of approximately 40%. The number of moviegoers fell 36.2% compared to the 2025 period, while the average ticket price saw a significant reduction of nearly 3 yuan from last year's 50.8 yuan. Huaxin Securities noted that aside from \"Pegasus 3\" and \"Biaoren: Desert Storm,\" other films released during the 2026 Lunar New Year holiday failed to meet pre-release media expectations. The firm emphasized that content quality remains a critical factor in audience choice, suggesting the industry needs to focus on refining production quality, improving quality control, and raising industrial standards. Soochow Securities added that the 2026 Lunar New Year period featured more film screenings but faced lower box office revenue and attendance. By the fifth day of the Lunar New Year, cumulative box office earnings reached only 4.36 billion yuan, compared to an average of 6.1 billion yuan for the same period between 2021 and 2025. However, the lower box office performance does not necessarily indicate weakening consumer demand and may be more attributable to supply-side factors.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Film-Related Stocks Lead Declines as 2026 Lunar New Year Box Office Drops 40% Year-on-Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFilm-Related Stocks Lead Declines as 2026 Lunar New Year Box Office Drops 40% Year-on-Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-24 11:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Film concept stocks were among the top decliners in Hong Kong trading. As of the time of writing, MAOYAN ENT (01896) fell 6.86% to HK$6.38, HUANXI MEDIA (01003) dropped 5.26% to HK$0.27, and IMAX CHINA (01970) declined 2.95% to HK$8.23. The moves came as the total box office revenue for the 2026 Lunar New Year period concluded at 5.752 billion yuan, representing a year-on-year decrease of approximately 40%. The number of moviegoers fell 36.2% compared to the 2025 period, while the average ticket price saw a significant reduction of nearly 3 yuan from last year's 50.8 yuan. Huaxin Securities noted that aside from \"Pegasus 3\" and \"Biaoren: Desert Storm,\" other films released during the 2026 Lunar New Year holiday failed to meet pre-release media expectations. The firm emphasized that content quality remains a critical factor in audience choice, suggesting the industry needs to focus on refining production quality, improving quality control, and raising industrial standards. Soochow Securities added that the 2026 Lunar New Year period featured more film screenings but faced lower box office revenue and attendance. By the fifth day of the Lunar New Year, cumulative box office earnings reached only 4.36 billion yuan, compared to an average of 6.1 billion yuan for the same period between 2021 and 2025. However, the lower box office performance does not necessarily indicate weakening consumer demand and may be more attributable to supply-side factors.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"","article_id":"1178243305","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1178243305","pubTimestamp":1771903823,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Film concept stocks were among the top decliners in Hong Kong trading. As of the time of writing, MAOYAN ENT (01896) fell 6.86% to HK$6.38, HUANXI MEDIA (01003) dropped 5.26% to HK$0.27, and IMAX...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","01896":"猫眼娱乐","01970":"IMAX CHINA","01003":"欢喜传媒","BK1142":"互联网与直销零售","BK1591":"就地过年概念","BK1581":"电影概念","BK1516":"腾讯概念","VXUS":"国际股票ETF-Vanguard","BK1128":"电影和娱乐","BK4588":"碎股","VT":"世界全股市ETF-Vanguard"},"translate_title":"2026年贺岁档票房同比降四成电影相关股领跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01003":1,"01896":1,"VXUS":1,"VT":1,"01970":1},"content_text":"Film concept stocks were among the top decliners in Hong Kong trading. As of the time of writing, MAOYAN ENT (01896) fell 6.86% to HK$6.38, HUANXI MEDIA (01003) dropped 5.26% to HK$0.27, and IMAX CHINA (01970) declined 2.95% to HK$8.23. The moves came as the total box office revenue for the 2026 Lunar New Year period concluded at 5.752 billion yuan, representing a year-on-year decrease of approximately 40%. The number of moviegoers fell 36.2% compared to the 2025 period, while the average ticket price saw a significant reduction of nearly 3 yuan from last year's 50.8 yuan. Huaxin Securities noted that aside from \"Pegasus 3\" and \"Biaoren: Desert Storm,\" other films released during the 2026 Lunar New Year holiday failed to meet pre-release media expectations. The firm emphasized that content quality remains a critical factor in audience choice, suggesting the industry needs to focus on refining production quality, improving quality control, and raising industrial standards. Soochow Securities added that the 2026 Lunar New Year period featured more film screenings but faced lower box office revenue and attendance. By the fifth day of the Lunar New Year, cumulative box office earnings reached only 4.36 billion yuan, compared to an average of 6.1 billion yuan for the same period between 2021 and 2025. However, the lower box office performance does not necessarily indicate weakening consumer demand and may be more attributable to supply-side factors.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1178243305","isCrawlerRequest":true}