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Investing.com - Deutsche Bank (ETR:DBKGn) initiated coverage on China Ruyi Holdings Ltd (HK:136) with a buy rating and a price target of HK$3.20 on Saturday.
The Hong Kong-listed streaming media company operates across three main business segments: film and TV production through Ruyi Films, online video streaming via Pumpkin Films, and online gaming with Jingxiu Games.
Deutsche Bank highlighted China Ruyi’s diverse portfolio of over 100 film and television copyrights and its strong content production capabilities with a proven track record in the industry.
The bank noted that as China’s film and TV industry shifts toward quality content, China Ruyi is well positioned to capture evolving market opportunities with its extensive content library and personalized algorithm-driven recommendations.
Deutsche Bank also identified the company’s emerging online gaming business as a potential new growth driver, citing its strong IP ecosystem and strategic partnership with Tencent (HK:0700) as key advantages in this segment.
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