Maoyan Entertainment Likely to Benefit From China's Labor Day Holiday -- Market Talk

Dow Jones05-04

0831 GMT - Maoyan Entertainment is likely to benefit from China's five-day labor day holiday, according to Citi analysts in a research note. The company is the key distributor and producer of the movie, "The Vanishing Point" and also participated in "The Devil Wears Prada 2,"--the most popular movies during the holiday, they note. "The Vanishing Point" is a low-cost movie and Maoyan is highly likely to be profitable on this project, the analysts say. Citi reiterate Maoyan as its top movie-sector pick and has a target price of HK$8.0 for its stock, which last traded traded at HK$5.94. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 04:31 ET (08:31 GMT)

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Citi reiterate Maoyan as its top movie-sector pick and has a target price of HK$8.0 for its stock, which last traded traded at HK$5.94. 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