Key investment points:
Industry trends & Company News
Netflix is considering launching a cheaper subscription plan. The Ministry of industry and information technology: enhance new infrastructure and moderately advance the construction of three systems: network, platform and security. Sensor tower: the king’s glory won the champion of the best-selling list of mobile games in the world
Important announcements of listed companies
Jiangsu Phoenix Publishing & Media Corporation Limited(601928) : performance report for 2021
Duzhe Publishing&Media Co.Ltd(603999) : performance report for 2021
Investment advice
This week, the performance of the culture and media industry was in the doldrums, the individual stocks of the industry showed a callback market, and some ultra-low individual stocks in the industry showed relatively active performance. 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 paying attention to the relevant undervalued leading companies with excellent performance in the annual report of 21 years and the first quarter report of 22 years. The first quarter statements of some game leading companies are good. Combined with the current valuation in a historically low position, they have a certain investment value from a long-term perspective. 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) ), G-Bits Network Technology(Xiamen)Co.Ltd(603444) ( G-Bits Network Technology(Xiamen)Co.Ltd(603444) ), Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) ( Wuhu 37 Interactive Entertainment Network Technology Group Co.Ltd(002555) ), Perfect World Co.Ltd(002624) ( Perfect World Co.Ltd(002624) ), Jiangsu Phoenix Publishing & Media Corporation Limited(601928) ( Jiangsu Phoenix Publishing & Media Corporation Limited(601928) ).
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.
