CICC's September 27th research report stated that the valuation and fund holdings of the media sector have both returned to historically low ranges. Since 2018, there have been three bottoming cycles in January 2019, October 2022, and the current September 2024, with index levels of 539.4/460.8/501.5 respectively. The current market sentiment has significantly improved, with increased risk appetite and liquidity, rapid AI progress, and the opportunity for a rebound in the media sector bottom has emerged.
兴业证券：传媒板块底部反弹机会已现
Industrial Securities: The bottom reversal opportunity of the media sector has now appeared.
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