Film concept stocks rose collectively. As of press release, Ning Meng Film & Television (09857) rose 15.65% to HK$8.5; Huanxi Media (01003) rose 9.09% to HK$0.6; Cat Eye Entertainment (01896) rose 1.45% to HK$9.77; and Straw Bear Entertainment (02125) rose 1.18% to HK$0.43.
The Zhitong Finance App learned that film concept stocks rose collectively. As of press release, Ning Meng Film & Television (09857) rose 15.65% to HK$8.5; Huanxi Media (01003) rose 9.09% to HK$0.6; Cat Eye Entertainment (01896) rose 1.45% to HK$9.77; and Straw Bear Entertainment (02125) rose 1.18% to HK$0.43.
According to CITIC Construction Investment, there are already many signs that the film industry is booming this year: although there were few seed films in the first quarter, the performance of leading films was average and steady, which ultimately led to a total box office increase of 4.0% to 16.485 billion yuan; the Qingming version surpassed the historical record of 855 million yuan, an increase of 336.2% over the previous year. It can be seen from this that there is still room for recovery in the market. Last year, the market mainly benefited from the summer program exceeding expectations, while the medium to medium program was still getting cold, and supply was insufficient. However, the trend has been restored in the medium to medium range this year, while high-topic movies have led to a recovery in the off-season weekly box office.
Looking forward to the future, domestic production companies are expected to re-examine off-season demand. As schedules increase, diversified supply increases, demand for movie viewing is stimulated, and they are optimistic that the market will continue to grow. At the same time, we continue to pay attention to the progress of AI video technology. Industrial transformation continues, the implementation of AI works at home and abroad is accelerating, CCTV's emphasis is exceeding expectations, and domestic film and television production companies are expected to benefit.