Key investment points
Market review: this week, the media sector performed well, up 3.45%, outperforming the gem by about 2.67 percentage points (the gem index rose 0.78%); Outperformed the market by about 3.06 percentage points (CSI 300 rose 0.39%).
Industry segments: (1) the game index outperformed the market: the game index (ci005577) rose 5.11%, up 7.1% relative to the CSI 300 index. (2) The advertising index outperformed the market: the advertising index (ci005847) rose 6.11%, 8.09% higher than the CSI 300 index. (3) The sports index outperformed the market: the sports index (399804) rose 3.52%, 5.5% higher than the Shanghai and Shenzhen 300 index. (4) A-share education companies underperformed CSI 300 and Hong Kong stock education companies underperformed Hang Seng Index. CITIC education index (ci005816) fell 4.84%, underperforming the CSI 300 index by 2.85%. The Hong Kong stock education index (887671) fell 8.32%, underperforming the Hang Seng Index by 4.97%.
Film and television: (1) Hello Saturday Co.Ltd(002291) was launched in the first phase. In addition to host he Jiong, digital host “Xiaoyang” and several freshmen of Hunan Satellite TV also joined the program. (2) The 34th China Film Co.Ltd(600977) Golden Rooster Awards were announced, and the man guarding the island won the best feature film award. Zhang Yimou won the best director award for his film above the cliff.
Games: (1) V club announced the annual list of best-selling VR games. A total of 12 exclusive VR games such as the new work into the radius have entered the platinum level of steam’s best-selling VR games. (2) The public beta of “bad man 3” mobile game was set as Q2 in 22 years. The mobile game of bad man 3 introduces the next generation technology, which has a delicate performance close to real physics.
Sports: (1) FIFA plans to limit the proportion of agent commission. Brokers boycotted. (2) All venues in the Beijing Olympic Winter Games area have been covered by subway. After the opening of the new line, all competition venues in the Beijing competition area of the Beijing Winter Olympic Games will be accessible by subway, becoming an important part of the green and low-carbon transportation system of the Winter Olympic Games.
Education: (1) the Ministry of education deployed the work of “double reduction” in winter vacation. The meeting stressed the need to strictly grasp the illegal training during the winter vacation. (2) Beijing and Shanghai announced the charging standards for Discipline after-school training at the stage of compulsory education. The standards of the two places are similar. According to the number of people, there are four stalls: 80 yuan, 60 yuan, 40 yuan and 20 yuan / class person time.
Key investment points: it is recommended to pay attention to Mango Excellent Media Co.Ltd(300413) (300413) and Wuhan Ddmc Culture & Sports Co.Ltd(600136) (600136).
Risk tip: media policy tightening risk; Risk of business integration or less than expected; New business development is less than expected risk; The content response is less than the expected risk.
