Disney joy fails to woo investors

Analysts say markets are now looking for hard performance data before making further move

Stocks related to the new Shanghai Disney Resort turned in a mixed performance after the opening of the resort on Thursday, with analysts saying the theme park's debut had yet to provide the overall supportive effect for the stock market that many had anticipated.

Shanghai-listed Tongji Science and Technology Industrial Co Ltd gained more 5.38 percent to 9.99 yuan ($1.52) per share. The company's fully owned subsidiary owns two land parcels next to the resort's region, which investors believe will gain significantly in value, said a research note from Guosen Securities Co.