Gronghui film and television sector rose higher on December 15, China Television Media closed the limit, Wanda Film rose nearly 7%, Huayi Brothers rose more than 5%, Happy Blue Sea, Hengdian Film and Television, Shanghai Film and Television rose one after another.
According to the 2020 Chinese Film Market user report released by Lighthouse Research Institute in conjunction with poison eyes, the box office is expected to reach 20 billion yuan in 2020, about 30 percent of that of last year. Due to the effective control of the epidemic, the Chinese film market reopened on July 20, the number of opening studios and new films gradually increased, and the box office market surpassed North America in October to become the world's largest box office.
The report also said that the upcoming Spring Festival will be a critical moment to boost the film market in an all-round way. The box office of the Spring Festival in 2018 and 2019 reached 5.77 billion and 5.91 billion respectively, giving birth to three films with a total box office of 1.5 billion +, and the Spring Festival is still the best time for rapid release at the box office.