Changes in Hong Kong stocks | Maoyan Entertainment (01896) fell more than 4% to less than 200 million on the first day of the National Day, Citi predicts a 12% drop in the National Day box office

The Zhitong Finance App learned that Maoyan Entertainment (01896) fell by more than 4%. As of press release, it was down 4.3% to HK$3.78, with a turnover of HK$2,789,400.

According to the news, according to Cat's Eye Pro Edition, the box office reached about 180 million on October 1 this year, a new low in recent years. According to reports, the box office last year was 321 million on the first day of the National Day in 2025, and peaked at 815 million in 2019. Citibank's research report last month pointed out that investors' expectations for the National Day box office are low, mainly due to weak consumption and lack of clear revenue, and that the Mid-Autumn Festival and National Day holidays may also allow travel to replace movie consumption; the bank predicted that in 2026, the National Day box office would be 1.6 billion yuan, down 12% from the previous year.