HLIB Research projects media sector's continued struggle due...

Moomoo AI Dec 18, 2023 20:03

HLIB Research projects media sector's continued struggle due to ad spend shifting to digital and decreasing consumer sentiment, leading to subdued earnings for Astro Malaysia and Media Prima amidst stiff competition and advertising cuts.

HLIB Downgrades Media Sector to 'underweight', Sees Subdued Earnings for Astro and Media Prima

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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