SEHK:1060Entertainment
Damai Entertainment Holdings (SEHK:1060): Exploring Valuation After Doubling Its Connected Transaction Cap for Drama Expansion
Damai Entertainment Holdings (SEHK:1060) has increased its annual cap for connected transactions, raising the limit from RMB100 million to RMB200 million. This change follows higher-than-expected business volume, largely due to the company’s growing drama series production.
See our latest analysis for Damai Entertainment Holdings.
Damai Entertainment’s decision to boost transaction limits comes after an eventful year for the business, with the stock’s share price rising a remarkable 91.4%...