Film and television stocks fluctuated and rose during the intraday period on the 27th. As of press release,Hualu Baina,Tang De Film and TelevisionAn increase of nearly 5%,Blue ocean of happinessAn increase of more than 4%,Jishi Media,New culture,Cultural Investment HoldingsThey all got stronger.
From August 17 to August 20, “Babai” gradually expanded the scale of point screening and increased the point screening format. Finally, “Babai” received a total of 233 million yuan in point-and-click box office, setting a record in Chinese film history. According to Maoeye's professional box office data, as of August 23, 2020 at 15:41:37, the box office of the movie “Babai” officially surpassed 700 million. China Aviation Securities pointed out that “Babai” was the first new heavyweight domestic film after theaters resumed work, boosting overall movie-watching sentiment. Later, films such as “Jiang Ziya” were screened one after another. It is recommended to pay attention to the producer of “Babai” in the short termHuayi Brothers; Focus on high-quality content companies with abundant reserves in the medium to long termLight media; The golden window period for the cinema industry to accelerate clearance and mergers and acquisitions of leading companiesHengdian Film,Wanda movies.
Bohai Securities believes that it will still take time to repair the fundamentals of the film industry, and that the sequential scheduling of popular films will accelerate the recovery speed of the entire industry; in addition, it is also necessary to closely track the overall domestic epidemic and the effectiveness of regional prevention and control, and the quantity and pace of supply of high-quality content. However, the overall view is that the fundamentals of the film industry have reached an inflection point. I hope investors will pay attention to the liberalization of leading cinemas, which account for a relatively high share of regional business, and production-distribution companies that have the potential to be popular in future film screenings. Recommend Light Media, a leading company in the film industry,Chinese movies,Shanghai movies,Huace Film and Televisionand Hengdian Film and Television.