Key investment points:
Industry trends & Company News
China Mobile’s IPTV transmission license broke the ice again, and Hebei and Tianjin were officially approved
Consumer class action against HBO: sharing film and television viewing information on Facebook, accused of violating privacy
SensorTower:2 tiktok and its overseas version TikTok are winning the world’s mobile app download list.
Important announcements of listed companies
Hengdian Entertainment Co.Ltd(603103) : annual report of 2021
Investment advice
This week, the performance of the cultural media industry was sluggish. Some three child concept stocks in the industry performed well, while others performed poorly. In addition, the role of China’s local governments in supporting the development of the universe will be officially published in the report of the central line of the universe held by the Shanghai government from February 31, 2021. In addition, the central line of the universe will continue to be officially held by the local government from February 31, 2023, It will also have a certain positive impact on the meta universe at that time. 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 continue to maintain the “optimistic” investment rating of the media industry and recommend Focus Media Information Technology Co.Ltd(002027) ( Focus Media Information Technology Co.Ltd(002027) ), Guangzhou Jinyi Media Corporation(002905) ( Guangzhou Jinyi Media Corporation(002905) ), Hubei Century Network Technology Inc(300494) ( Hubei Century Network Technology Inc(300494) ), Wasu Media Holding Co.Ltd(000156) ( Wasu Media Holding Co.Ltd(000156) ), China Film Co.Ltd(600977) ( China Film Co.Ltd(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.
