Key investment points:
Industry trends & Company News
China Mobile IPTV transmission license breaking ice again, Hebei and Tianjin formally approved HBO was consumer class action: sharing Facebook tiktok information on Facebook, accused of privacy invasion Sensor Tower:2 month tremble and its overseas version TikTok won the world mobile app download champion.
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. This week, we continue to suggest that the central line pay attention to the driving role of the theme of yuancosmos in the industry. Some local governments have successively issued development support policies in yuancosmos, and yuancosmos has also been written into the government work report of some local governments. In addition, the 2022 global yuancosmos conference hosted by China Mobile Communication Federation will be officially held in Shanghai from March 31 to April 1, 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.
