Maoyan Entertainment Likely to Face Headwinds From Weak Box Office -- Market Talk

Dow Jones03-30 16:00

0800 GMT - Maoyan Entertainment's business is likely to face headwinds from its weak box office performance, according to Jefferies analysts in a research note. The movie industry will need some time to recover after the lackluster Lunar New Year holidays, the analysts say, citing management's remarks. On the other hand, Maoyan is likely to find some support by improving the quality of its entertainment content, by promoting live performances and from derivatives of its intellectual property. Jefferies analysts maintain a buy rating, but cut target price to HK$7.40 from HK$9.60. Shares last traded at HK$5.69. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

March 30, 2026 04:00 ET (08:00 GMT)

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On the other hand, Maoyan is likely to find some support by improving the quality of its entertainment content, by promoting live performances and from derivatives of its intellectual property. Jefferies analysts maintain a buy rating, but cut target price to HK$7.40 from HK$9.60. Shares last traded at HK$5.69. 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