Source: Zhitong Finance "Since 1950, the S&P 500 index has risen more than 10% 21 times as of the end of May. In about 90% of these cases, the S&P 500 index rose for the rest of the year. There were only two instances of declines for the rest of the year, in 1987 (-13%) and 1986 (-0.1%)." With the rebound of the stock market, the old adage "Sell in May and Go Away" seems to have been a bad advice once again. Last month, the S&P 500 index rose 4.8%, the best May performance since 2009. The NASDAQ 100 index rose nearly 6.2%, and the NASDAQ Composite Index rose 6.9%. Goldman Sachs FICC & Equities Trading Division said: "History doesn't really support this saying. Don't sell, leave the market (go on vacation), and enjoy the good times." The rising trend is still to be continued? If history is any guide, it may indicate that the rise of the stock market is not over yet. Looking ahead to the rest of 2024, Scott Rubner, Managing Director of the Goldman Sachs Global Markets Division and tactical expert, pointed out the following historical background for investors. Rubner stated that the S&P 500 index has risen 10.7% year-to-date, and since 1950, the S&P 500 index has risen more than 10% 21 times as of the end of May. In about 90% of these cases, the S&P 500 index rose for the rest of the year. There were only two instances of declines for the rest of the year, in 1987 (-13%) and 1986 (-0.1%). "Since 1950, the median return of the last 7 months of each year (June 1 to December 31) is 5.4%. In the aforementioned 21 cases, the average performance of the last 7 months increased to 8.1%." Rubner added. Rubner also pointed out that the NASDAQ index has risen for 16 consecutive Julys, with an average return of about 4.64%.

Movie concept stocks continue to heat up, as of the time of writing, $MAOYAN ENT (01896.HK)$ up 8.52%, reported at 9.3 Hong Kong dollars; $ALI PICTURES (01060.HK)$ up 6.59%, reported at 0.485 Hong Kong dollars.

In terms of news, on December 9, the Lighthouse Professional Edition released the 2024 November film market report. The report shows that in November this year, the total box office of national films reached 1.877 billion yuan, a year-on-year increase of 11.4%. In November, 25 films exceeded the 10 million yuan box office, a significant increase compared to 18 films in the same month last year.

Kaiyuan Securities pointed out that the total box office of domestic films in November 2024 was 1.877 billion yuan, reversing the year-on-year decline since March. In addition, new films are gathering in December, with "Little Qian" (produced by Beijing Enlight Media) scheduled for December 6, "Lion Boy 2" (produced by Beijing Baination Pictures) scheduled for December 14, "Misjudgment" (produced by Zhejiang Huace Film & TV) scheduled for December 27, and "Cheating You" (produced by China Ruyi and Wanda Film) scheduled for December 31, among others. The release of new films may enhance audience enthusiasm for watching films and drive box office recovery.

According to the latest information from maoyan ent, the movies scheduled for the Spring Festival 2025 include "The Legend of the Condor Heroes: The Great Hero" (produced by china film co., ltd. and hengdian entertainment) and "The Investiture of the Gods Part 2: Flames of War in the West" (produced by beijing jingxi culture & tourism and ali pictures). Unscheduled films include "Ne Zha's Magic Child Disturbs the Sea" (produced by beijing enlight media), "Wild Times" (produced by zhejiang huace film & tv), "Dunhuang Hero" (produced by beijing baination pictures), "Her Little Dimples" (produced by beijing enlight media), and "Old Jianghu" (produced by beijing baination pictures and zhejiang talent television and film). Quality new films may be scheduled one after another, driving the recovery of the domestic box office.

Editor / jayden