Popular Series Chiikawa May Fuel Damai Entertainment's Growth -- Market Talk

Dow Jones

Jul 18

0204 GMT - Alibaba unit Damai Entertainment's growth could be boosted by robust sales related to Japanese manga series Chiikawa, Citi analysts write in a note. The analysts see strong potential in Chiikawa to become among the top three revenue contributor IP for Damai's subsidiary Alifish. Chiikawa is a popular IP in Japan and Hong Kong, and Alifish has the rights to promote, sub-license, and sell merchandise of Chiikawa in mainland China, they note. Citi expects the series to contribute between 100 million yuan to 200 million yuan in revenue in FY 2026, with potential margin upside after FY 2026. Citi moves Damai's rating to buy from buy/high risk on improving growth prospects, and raises the target to HK$1.40 from HK$0.92. Shares were last at HK$1.19. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

July 17, 2025 22:04 ET (02:04 GMT)

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The analysts see strong potential in Chiikawa to become among the top three revenue contributor IP for Damai's subsidiary Alifish. Chiikawa is a popular IP in Japan and <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a>, and Alifish has the rights to promote, sub-license, and sell merchandise of Chiikawa in mainland China, they note. Citi expects the series to contribute between 100 million yuan to 200 million yuan in revenue in FY 2026, with potential margin upside after FY 2026. Citi moves Damai's rating to buy from buy/high risk on improving growth prospects, and raises the target to HK$1.40 from HK$0.92. Shares were last at HK$1.19. 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The analysts see strong potential in Chiikawa to become among the top three revenue contributor IP for Damai's subsidiary Alifish. Chiikawa is a popular IP in Japan and <a href=\"https://laohu8.com/S/HKRHF\">Hong Kong</a>, and Alifish has the rights to promote, sub-license, and sell merchandise of Chiikawa in mainland China, they note. Citi expects the series to contribute between 100 million yuan to 200 million yuan in revenue in FY 2026, with potential margin upside after FY 2026. Citi moves Damai's rating to buy from buy/high risk on improving growth prospects, and raises the target to HK$1.40 from HK$0.92. Shares were last at HK$1.19. (megan.cheah@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 17, 2025 22:04 ET (02:04 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B0JY6N72.USD","symbol_name":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2552679455","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552679455","pubTimestamp":1752804240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0204 GMT - Alibaba unit Damai Entertainment's growth could be boosted by robust sales related to Japanese manga series Chiikawa, Citi analysts write in a note. The analysts see strong potential in Chiikawa to become among the top three revenue contributor IP for Damai's subsidiary Alifish. Chiikawa is a popular IP in Japan and Hong Kong, and Alifish has the rights to promote, sub-license, and sell merchandise of Chiikawa in mainland China, they note. Citi expects the series to contribute between 100 million yuan to 200 million yuan in revenue in FY 2026, with potential margin upside after FY 2026. Citi moves Damai's rating to buy from buy/high risk on improving growth prospects, and raises the target to HK$1.40 from HK$0.92. Shares were last at HK$1.19. 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The analysts see strong potential in Chiikawa to become among the top three revenue contributor IP for Damai's subsidiary Alifish. Chiikawa is a popular IP in Japan and Hong Kong, and Alifish has the rights to promote, sub-license, and sell merchandise of Chiikawa in mainland China, they note. Citi expects the series to contribute between 100 million yuan to 200 million yuan in revenue in FY 2026, with potential margin upside after FY 2026. Citi moves Damai's rating to buy from buy/high risk on improving growth prospects, and raises the target to HK$1.40 from HK$0.92. Shares were last at HK$1.19. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 17, 2025 22:04 ET (02:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}