Key investment points:
Industry trends & Company News
Netease cloud music joined hands with Fu Mao records, Yu Chengqing, fan weiqi, Na Ying, Zhang Shaohan and other works went online. Twitter announced that it would appoint musk as a director. It has become the largest shareholder, and “glory of the king” and “peace elite” have taken the top two listed companies in the list of popular game downloads in March
G-Bits Network Technology(Xiamen)Co.Ltd(603444) : performance report for 2021
Investment advice
This week, the performance of the cultural media industry was relatively sluggish, some oversold stocks in the industry performed better, and the performance of the yuan universe concept sector was repeated. This week, we continue to suggest that the central line pay attention to the driving effect of the theme of meta universe on the industry. At present, it is in the early stage of concept development. It is suggested to pay attention to the continuous release of China’s policies and the latest layout of industry leaders. Second, we suggest to pay attention to the leading companies with excellent performance in the annual report of 21 years and the first quarter report of 22 years. The short-term operation of some companies fluctuated slightly due to the epidemic. The current valuation is at a historically low position, and the investment value from the long-term perspective has not changed. 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) ), G-Bits Network Technology(Xiamen)Co.Ltd(603444) ( G-Bits Network Technology(Xiamen)Co.Ltd(603444) ), 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.
