Film concept stocks fell across the board today. As of the time of publication, Litian Pictures (09958) fell by 20.34%, closing at HK$1.41; China Ruyi (00136) fell by 5.34%, closing at HK$1.95; Orange Sky G H (01132) fell by 5%, closing at HK$0.038; Maoyan Ent (01896) fell by 0.66%, closing at HK$6.06.
According to the Wisdom On the Go Finance APP, film concept stocks fell across the board today. As of the time of publication, Litian Pictures (09958) fell by 20.34%, closing at HK$1.41; China Ruyi (00136) fell by 5.34%, closing at HK$1.95; Orange Sky G H (01132) fell by 5%, closing at HK$0.038; Maoyan Ent (01896) fell by 0.66%, closing at HK$6.06.
On the news front, the National Film Administration previously released data showing that the box office revenue for the 2024 Mid-Autumn Festival season was 0.389 billion yuan. Analysis indicates that the box office performance during the 2024 Mid-Autumn Festival season was flat, with a slight increase of 5.7% compared to 2023, but a significant 51.6% decline compared to 2019. Total box office revenue and audience attendance slightly increased compared to the 2023 Mid-Autumn Festival season, while daily box office revenue decreased significantly. Ticket prices and the number of new films remained relatively stable.
According to the research report from Galaxy Securities, as the 2024 Mid-Autumn Festival season came to a close, data from the Lighthouse Professional Edition showed that the total box office revenue (including service fees) during the 2024 Mid-Autumn Festival season was 0.389 billion yuan. The total number of screenings reached 1.3671 million, with a total audience of 9.573 million. Looking at the current performance of the film market in 2024, the audience has set new expectations for the market, favoring higher quality films. As a result, the trend in the film industry in 2024 is expected to be driven by high-quality films, with ample room for continued recovery and growth in the film industry.