Hong Kong stock movement | DMG Entertainment (01060) is currently up over 4%. The company is transforming into an IP and offline entertainment operator. Morgan Stanley is bullish on the company's profitability and stock performance.

Da Mai Entertainment (01060) is currently up over 4%. As of the time of writing, it has risen 3.19% to 0.97 Hong Kong dollars, with a trading volume of 0.159 billion Hong Kong dollars.

Zhitong FinanceJul 9, 2025 11:15

Express News | Audemars Piguet announces a collaboration with Lollapalooza to host live music events.

BreakingsMay 27, 2025 02:34

Express News | Douyin Life Services launched the "LOHA CO. LTD Shanghai" themed event with multiple measures to stimulate urban Consumer.

BreakingsApr 29, 2025 22:32

Express News | Guangdong has issued a plan to strengthen the safety supervision of high-risk maritime recreational activities.

BreakingsApr 8, 2025 11:54

The large residence of 2,414 square feet at Park Lodge in Eastern Mid-Levels has been acquired for 62 million, which is over ten percent lower than the Banks' valuation.

Ho Ailing from the Hong Kong Monetary Authority stated that following the announcement of the fiscal budget, the property market has become clearer, and luxury home buyers are re-entering the market. The bank has just facilitated the sale of a quality large apartment at Pak Lok Court on LOHA Road in Eastern Half Mountain, measuring 2,414 square feet. Buyers from outside the area are attracted to the quality of the estate, and the Fill Price of this transaction is over 10% lower than the bank's valuation; thus, the property was acquired for about 62 million HKD, marking a significant transaction in the area, with property values appreciating nearly 30% since 2008. Ho also mentioned that the bank facilitated the sale of a middle-floor unit B at Pak Lok Court, located at 38 LOHA Road in Eastern Half Mountain, with a usable area of approximately 2,414 square feet. It features a three-bedroom layout with dual suites, and the unit offers views of the Eastern Half Mountain Stadium and the sea.

AASTOCKSMar 3, 2025 14:30

Major rating｜Macquarie: Maintains GALAXY ENT "Outperform Market" rating, this year entertainment channels are clearer.

On February 28, Gelonghui reported that Citibank published a research report stating that after the normalization of net win rates at GALAXY ENT, the adjusted EBITDA increased by 5% quarter-on-quarter to 3.3 billion Hong Kong dollars, which is 3% and 5% higher than market expectations and Citibank's forecasts respectively. The group's entertainment channel this year has become clearer, and it is believed that this will help achieve good revenue during the off-peak season. The bank continues to give the group an "outperform" rating and a Target Price of 45.8 Hong Kong dollars. Citibank mentioned that GALAXY ENT has net Cash of 27.1 billion Hong Kong dollars and announced a final dividend of 50 Hong Kong cents, meaning the dividend yield for the second half of 2024 and for the year 2024 will be 50%. However, the bank believes that the group in the foreseeable future...

Gelonghui FinanceFeb 28, 2025 10:33 · Ratings