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'Buy' GHY Culture & Media, a 'content champion': UOB Kay Hian

Jovi Ho
Jovi Ho1/21/2021 11:05 AM GMT+08  • 6 min read
'Buy' GHY Culture & Media, a 'content champion': UOB Kay Hian
GHY's dramas, such as ‘The Little Nyonya’ and ‘Perfect Village’, have achieved commercial success in China.
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Fresh from its listing last month, media company GHY Culture & Media has what it takes to become a “content champion”, say UOB Kay Hian Research analysts Lucas Teng and John Cheong in a Jan 19 note.

The analysts are initiating coverage on the Singapore-listed company, recommending “buy” with a target price of $1.08.

“GHY is a media company which focuses on the production of dramas, films and concerts. The company, which is led by notable China producer, director and scriptwriter Guo Jingyu, has a strong pipeline of up to 23 film and drama projects,” says Teng and Cheong.

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