Key investment points:
Industry trends & Company News
Fast game: joint venture with G-Bits Network Technology(Xiamen)Co.Ltd(603444) to set up Nuo Kwai Fung fund, will dig and support outstanding game talents reading group: after 00, it has become the largest group of overseas Internet writers, accounting for 56%Keep launched the preferred fitness hall, plans to reach 100 in the year.
Important announcements of listed companies
Central China Land Media Co.Ltd(000719) : 2021 performance express
Investment advice
This week, the performance of the cultural media industry was neutral, and low-level stocks in the industry made up for the rise. This week, we continue to suggest that the central line pay attention to the driving role of the theme of Yuan universe in the industry. China’s leading Internet companies continue to promote the layout of Yuan universe, and some local governments have successively issued relevant policies to support the development of the industry. Therefore, the benefits of the theme are in the continuous release. It is suggested that investors pay attention to relevant companies with stable performance growth + continuous benefits; Second, we suggest paying attention to the leading companies related to the low-level film and television sector. The trend of steady recovery of the industry is obvious. The continuous enhancement of the competitive advantage of the leading companies and the relatively low valuation make them have a certain investment value at present; Finally, we suggest paying attention to the radio and television sector. The industry valuation is relatively low. The continuous integration of the national one network will form a strong support for the overall competitiveness of the industry in the future. To sum up, we maintain the “optimistic” investment rating of the industry and recommend Focus Media Information Technology Co.Ltd(002027) (002027), Guangzhou Jinyi Media Corporation(002905) (002905), Hubei Century Network Technology Inc(300494) (300494), Wasu Media Holding Co.Ltd(000156) (000156), China Film Co.Ltd(600977) (600977).
Risk tips
Macroeconomic downturn; Major policy changes in the industry; Industry demand does not meet expectations; The progress of state-owned enterprise reform did not meet expectations, and the black swan incident continued to have an impact.
