0723 GMT - China Ruyi seems to have further solidified its content-centered ecosystem, Nomura analysts say in a research report as the brokerage maintains the stock's buy rating. The online film and games company has increasingly diversified its strategic investments in pop toy and financial service segments, the analysts note. Also, the Chinese company has co-produced several major films in the summer season and is set to release potential film hits like "Echoes of Encounter" in 2H. Moreover, its games segment has continued progressing by collaborating with major intellectual-property owners such as NBA China. The brokerage raises the stock's target price to HK$3.50 from HK$2.80 to reflect a valuation roll-over. Shares are 1.7% lower at HK$2.83. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
August 27, 2025 03:23 ET (07:23 GMT)
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